What are the business functions of HDFC Bank?
HDFC Bank offers a wide gamut of commercial and transactional banking services to businesses and organizations of all sizes. Our services include working capital finance, trade services, transactional services and cash management.
Which type of bank HDFC is?
private sector bank
Which is better HDFC or Icici?
The highlighted ones are the metrics where HDFC Bank has performed better than ICICI Bank….ICICI Bank has outpaced HDFC Bank on nearly every count in the last three months.
| Growth | ICICI Bank | HDFC Bank |
|---|---|---|
| Loan growth | 13.7% | 14% |
| Provision for bad loans | -51.7% | +24% |
Which is the strongest bank in India?
This bank beat SBI, HDFC & ICICI to top Forbes’ ‘World’s Best Banks’ list in India
- Rank 6 | Axis Bank.
- Rank 5 | Kotak Mahindra Bank.
- Rank 4 | HDFC Bank.
- Rank 3 | ICICI Bank.
- Rank 2 | CSB Bank.
- Rank 1 | DBS Bank | DBS was ranked #1 out of 30 domestic and international banks in India for the second consecutive year.
Which bank has lowest minimum balance?
List of All Banks Savings Account Interest Rates and Minimum Balance 2021
| List of Savings Account Banks | Minimum Balance Required(INR) | Savings Account Interest Rates (p.a.) |
|---|---|---|
| ICICI Bank | 0/1000/2000/2500/5000/10000 | 3.00% – 3.50% |
| IDBI Bank | 500/2500/5000 | 3.30% – 3.80% |
| IDFC Bank | 25000 | 6.00% – 7.00% |
| Indian Bank | 250/500/1000 | 3.00% |
Which bank has minimum charges?
Banks provide all these and many other services for which customers need to pay. The charges differ from one bank to another….Charges for Non-Maintenance of Minimum Average Balance (MAB)
| Banks | Charges for Non-Maintenance of MAB |
|---|---|
| State Bank of India (SBI) | Nil for SBI Regular Savings Account |
Which saving account is best?
NerdWallet’s Best Savings Accounts of July 2021
- TIAA Bank Basic Savings: 0.50% APY.
- Barclays Online Savings Account: 0.40% APY.
- Ally Bank Online Savings Account: 0.50% APY.
- Live Oak Bank High-Yield Online Savings: 0.50% APY.
- PenFed Credit Union Premium Online Savings: 0.45% APY.