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Jun 3, 2020 · These are banks that are too-big-to-be-allowed-to-fail banks of India. And these are State Bank of India (SBI), HDFC Bank and ICICI Bank. Only three for now. RBI may add to this list in future as better and stronger banks emerge. So you can say that these are the safest bank for fixed deposits in India.
Jan 4, 2024 · HDFC Bank Limited, affectionately known as HDFC, is not just your average bank—it’s a financial powerhouse headquartered in the vibrant city of Mumbai, India. It’s the largest private sector bank in India by assets, and as of August 2023, it proudly holds the title of the world’s fifth-largest bank by market capitalization.
- Company Overview of ICICI Bank
- Company Overview of HDFC Bank
- ICICI vs HDFC: Stock Comparison
- Return on Equity
- Return on Assets
- Price/ Earning Ratio
- Price to Book Value
- Earning Per Share
- Net Interest Margin
One of the leading private banks in India, ICICI Bank has a network of 6,074 branches and 16,731 ATMs across India. The bank was promoted in 1994 by ICICI Ltd. but was formed in 1955 at the initiative of the World Bank. The primary group companies under the bank are: 1. ICICI Prudential Life Insurance Company 2. ICICI Securities 3. ICICI Lombard Ge...
Another leading private sector bank in India, HDFC bank, was among the first banks in India to receive approval from RBI to set up a private sector bank. The bank has a network of 8,086 branches and 20,688 ATMs across the country. The bank caters to its customers through a wide range of services, including wholesale banking, treasury, retail bankin...
Various ratios and parameters can be compared by an investor to make the best investing decisions. Some of those parameters and ratios are as follows.
Return on equity is a measure of the financial performance of the company. It depicts the return generated on shareholders' equity (shareholders' investments). The more the ROE, the better it is. The ROE for HDFC Bank as of January 2024 is 17%, whereas the ROE for ICICI Bank is 17.53%. Take a look at the five-year ROE data for ICICI and HDFC: ICICI...
It is a financial ratio that depicts how profitable a company is with its total assets. The ratio depicts how efficiently a company uses its assets to generate revenue. The ROA for ICICI Bank as of January 2024 is 2.13%, whereas for HDFC Bank, it is 1.95%. Take a look at the 5-year data. ICICI Bank HDFC Bank
The price-to-earnings ratio depicts the company's share price relative to its earnings per share. This ratio is used to determine whether the company is overvalued or undervalued. As of January 2024, the P/E ratio for ICICI Bank is 18.37, whereas for HDFC Bank, it is 19.8.
The P/B ratio measures a company's market value relative to its book value. Value investors use this ratio to identify the best investment opportunities. A ratio under one is considered ideal. As of January 2024, HDFC Bank's P/B ratio is 2.64, whereas ICICI Bank's is 3.24.
EPS or earnings per share is a value depicting the earnings in one share out of all the outstanding shares based on the net income. The EPS for ICICI Bank is 56.01, and for HDFC Bank, it is 74.20.
NIM, or net interest margin, is the difference between a bank's earnings in interest and loans and its payments in interest on deposits. It is one of the prime indicators of a bank's profitability and growth. The graph below shows the NIM data for both banks in the last five years. ICICI Bank HDFC Bank One major ratio to consider while analysing ba...
Feb 19, 2022 · SBI vs PNB vs HDFC Bank vs Yes Bank: In the month of February 2022, a good number of leading Indian commercial banks have renewed their savings account interest rate. These banks include Punjab ...
Jan 18, 2024 · An LDR of 80-90 percent is considered healthy for banks. A ratio higher than that means that the bank has to build reserves or in this case, deposits to meet unexpected contingencies. HDFC Bank ...
Choosing a trustworthy bank. While the financial arena has numerous players, you must look for one that is trustworthy and fulfils specific essential criteria: Unfailing customer service: Does the bank have dedicated staff to cater to your needs, whether you are at the branch or reaching out through customer care? A toll-free helpline number is ...
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Jan 24, 2022 · ICICI Bank has recently updated its interest rates on deposits of less than Rs. 2 crore, effective January 20, 2022. The modified rates are shown below. Tenors. Regular. Senior Citizens. 7 days to ...
