Question: Which Bank Is Better HDFC Or HSBC?

Which country owns HSBC Bank?

HSBC Bank (China) Company Limited (Chinese: 汇丰银行(中国)有限公司; often abbreviated as 汇丰中国) is one of the first foreign banks to incorporate locally in mainland China in 2007.

It is part of the worldwide HSBC Group and is wholly owned by Hong Kong-based The Hongkong and Shanghai Banking Corporation Limited..

Which HDFC account is best?

HDFC Bank Savings Account Interest Rates & Minimum Balance Required Updated on 2019Types of Savings AccountInterest RateMinimum Balance RequiredKids Advantage Account4.00%INR 5,000Senior Citizens Account4.00%INR 5,000Family Savings Group Account4.00%INR 40,000Basic Savings Bank Deposit Account4.00%Not Required5 more rows

What is minimum balance in HDFC Bank?

The minimum balance limit in case of HDFC Bank is Rs 10,000 for urban branches and Rs 5,000 for semi-urban branches. According to new rules announced by SBI, account holders will have to maintain the monthly balance or else they will invite a penalty ranging from Rs 20 (rural branches) to Rs 100 in (metro cities).

Is SBI bank good?

0.5 4.0/5 “Great!” SBI has best Internet banking and its very fast and easy to access any one.

Is HDFC a good buy?

Yes It is best time to invest in the HDFC. Due to the corona the market is already fallen and the price is cheap. So, Investing at lower level will give the higher return. The Future of HDFC is also good.

Is Icici Bank better than HDFC?

HDFC Bank is much better than ICICI Bank. HDFC bank is very professional as compared to ICICI . … Otherwise ICICI BANK account is good.

Is HSBC safe to bank with?

Like any major U.S. bank, HSBC Bank is a member of the FDIC, which means your accounts will be protected by deposit insurance. However, HSBC is somewhat limited in the U.S. and isn’t the strongest option for domestic banking if you don’t live within its service footprint.

Which is best private bank?

So here is the list of top private banks in India and also the best Private banks in India.HDFC Bank. HDFC Bank is the Largest Private Banks in India by Total sales during the Year. … ICICI Bank. … Axis Bank Ltd. … Kotak Mahindra Bank Ltd. … IndusInd Bank Ltd. … Yes Bank Ltd. … Federal Bank Ltd. … IDFC First Bank Ltd.More items…•

Which is the No 1 bank in the world?

The largest bank in the world in terms of total assets under management (AUM) is the Industrial and Commercial Bank Of China Ltd.

Is HDFC safe bank?

As per the framework, from 2015, every August, the central bank has to disclose names of banks designated as D-SIB. … So Banks like ICICI Bank, HDFC Bank and SBI are safe. In fact SBI is safest. And other than SBI there is no other nationalized bank in the list.

Which bank is safest in India?

List of Best, Safe Banks in India1) HDFC Bank. If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake. … 2) State Bank of India. … 3) ICICI Bank. … 4) AXIS Bank. … 7) Kotak Mahindra Bank, IndusInd Bank.

What is the number 1 bank in UK?

Top 5 British Owned banksBankMarket value (£bn) As of October 2013Assets (£bn) As of 31 March 20171. HSBC1261,9362. Lloyds Banking Group (Bank of Scotland/Halifax)53.58173. Barclays43.61,2034. Royal Bank of Scotland Group Natwest, Ulster Bank42.07831 more row•Aug 19, 2019

Is HDFC better than other banks?

According to the broking firm, HDFC Bank was able to take such a large base rate cut as only 30-40 per cent of its loan book is linked to the base rate. ICICI Bank, Axis Bank and public sector banks have 65-75 per cent of their loan book linked to the base rate and their NIM impact will be higher due to base rate cuts.

Which bank is better HDFC or SBI?

The State Bank of India (SBI), the largest bank in India, is only worth one-third of HDFC Bank, which in its own right, is the largest private sector bank in the country….BankMarket capitalisation as of May 4State Bank of India₹1.6 lakh croreHDFC Bank₹5 lakh croreMay 5, 2020

Is HDFC zero balance account available?

A zero balance basic savings account can be opened with HDFC Bank which will have certain transactional and operational limits. … HDFC Bank zero balance savings bank account holder is entitled to receive a free passbook, free cash and cheque deposits at all branches and ATMs.

Can I have 2 HDFC accounts?

You can’t have 2 accounts in the same bank as you will be having only 1 customer id. But you can have 1 single account and 1 joint account in the same bank.

Is HSBC the best bank?

HSBC wins best bank for Global Markets at Central Banking Awards 2019. … Banks, Brokers and Dealers.

Which bank is richest in India?

State Bank of India (SBI)The State Bank of India (SBI) is the largest bank in India and also one of the biggest corporations in the world. State Bank of India is one of the largest employers and the most trusted bank in India.