Question: What Type Of Bank Is Axis Bank?

Who is the No 1 bank in India?

HDFC BankHDFC Bank ranked No.

1 in India by Forbes; Surprise at No.

3; SBI not in top 10..

Is Axis Bank A private bank?

Axis Bank is the third largest private sector bank in India. … Axis Bank is one of the first new generation private sector banks to have begun operations in 1994.

Is money safe in Yes Bank?

Given the size of the bank, the government stepped in rather quickly and it is unlikely that a bank of the size of Yes Bank would be allowed to collapse. This makes the deposits of Yes Bank safe at least for a tenure of 1-2 years.

Which Axis bank account is best?

Prime Savings AccountUnlimited (free) cheque books, without any charge.Unlimited (free) Demand Draft (DD), without any charge.A Secure Plus Debit Card, at a zero issuance fee.Daily withdrawal limit of Rs 50,000 at ATMs.Daily limit of Rs 75,000 on shopping transactions.Earn Axis eDGE Reward points.More items…•

What is full form of IFSC?

Indian Financial System Code (or more commonly known as IFSC code) is an 11-digit alpha-numeric code used to uniquely identify bank branches within the National Electronic Funds Transfer (NEFT) network by central bank. What is IFSC?

What is the logo of Axis Bank?

The logo uses the alphabet ‘A’ from the word Axis. The logo depicts a strong growth path for the bank supported by a strong base, indicating that the bank is moving on from a position of strength. Earlier, the bank’s logo used the letters U, T and I. “Our central message is that nothing has changed except the name.

Is HDFC better or Icici?

ICICI Bank scored higher in 1 area: Work-life balance. HDFC Bank scored higher in 6 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Senior Management, CEO Approval and Positive Business Outlook.

Is Axis Bank a safe bank?

Axis Bank is the third-largest bank in the private banking sector in India and hence it is very safe to invest. … Axis bank has a separate brand image for customer service and maintaining customer relationships.

Which is the safest bank in the world?

For the twelfth time in a row, the US finance magazine Global Finance declared KfW the “World’s Safest Bank”. KfW once again confirmed its leading position among the 500 largest banks worldwide.

Is Axis Bank is a government bank?

Axis Bank is the first private sector bank authorized by the Reserve Bank of India (RBI) and Government of India to collect taxes on behalf of the State Governments. Since 1 October 2003, Axis Bank has been able to handle all Central Government Business and State Government Business.

Who is the CEO of Axis Bank?

Amitabh Chaudhry (Jan 1, 2019–)Axis Bank/CEO

Who is owner of HDFC Bank?

Housing Development Finance CorporationHDFC Bank/Parent organizations

Is HDFC better than SBI?

This is despite the fact that SBI’s balance sheet is four times larger than HDFC Bank, has 10 times more customers, and is owned by the government of India….BankMarket capitalisation as of May 4State Bank of India₹1.6 lakh croreHDFC Bank₹5 lakh croreMay 5, 2020

Which private bank is best?

Housing Development Finance Corporation Limited, popularly known as HDFC Bank, ranks number 1 among the list of best private banks in India….HDFC Bank. … ICICI Bank. … Axis Bank. … Kotak Mahindra Bank. … Yes Bank. … Federal Bank. … IndusInd Bank. … RBL Bank.More items…•

Who founded Axis Bank?

Axis BankTypePublicFounded1993HeadquartersMumbai, Maharashtra, IndiaNumber of locations4800+ branches (December 2019)Key peopleAmitabh Chaudhry (MD & CEO) Shri Rakesh Makhija (Chairman)14 more rows

Which bank is good Axis or HDFC?

But, in terms of interest rates, HDFC is a better option as its highest rate is 8%. Whereas, Axis Bank Home Loan Interest rates are can go upto 8.55%….People Also Look For.Home Loan Interest Rates December 2020Citibank7.13% – 8.03%HDFC6.90% – 7.65%ICICI Bank6.95% – 8.05%Indiabulls Housing Finance Limited8.99%9 more rows

What is the full form of Axis?

Axis old name UTI. Full form is. UNITED TRUST OF INDIA. INCORPORATION DATE: 1994. There IS A LARGEST AND 1ST NO.

Which bank is better Icici or Axis Bank?

Axis Bank has an average customer ratings of 4.4, while ICICI Bank has an average customer rating of 4.1, based on which it is clear that Axis Bank has a high customer service focus, an easy Home Loan process and a quick turnaround.