Question: Is Kotak Mahindra Bank Good?

What is the rank of Kotak Mahindra Bank?

Kotak Wealth The 2019 Euromoney Private Banking and Wealth Management Survey Ranked the following #1: Best Private Banking Services Overall: Kotak Mahindra..

Which bank is best Kotak or HDFC?

Summary of Comparative Analysis of Top four Private Banks Thus, HDFC Bank leads the pack w.r.t Cost to Income Ratio, Gross NPA, Net NPA and Provision Coverage Ratio. Kotak Mahindra Bank has highest Net Interest Margin, Capital Adequacy Ratio and CASA Ratio, while ICICI bank has highest share of retail loan book.

Will Kotak Bank Buy Yes Bank?

Kotak Mahindra Bank will acquire 50 crore equity shares of Yes Bank at Rs 10 per share, the bank informed the exchanges in a release on March 13.

Which is better Kotak or Icici?

ICICI Bank scored higher in 5 areas: Overall Rating, Career Opportunities, Compensation & Benefits, % Recommend to a friend and Positive Business Outlook. Kotak Mahindra scored higher in 3 areas: Work-life balance, Senior Management and CEO Approval. Both tied in 1 area: Culture & Values.

Is HDFC better or Icici?

HDFC has an average customer ratings of 4.5, while ICICI Bank has an average customer rating of 4.1, based on which it is clear that HDFC has a high customer service focus, an easy Home Loan process and a quick turnaround.

Is Yes Bank India safe?

We are SAFE to use. Dear Customer, There have been some reports in the media on a security breach at certain ATMs in the banking network, impacting debit cards across multiple banks in India.

Is Kotak Mahindra Bank Safe?

“We assure you that the Kotak Mahindra Bank is a financially strong, well-capitalised bank with strong risk and corporate governance framework. Your deposits with us are absolutely safe”.

Which Kotak account is best?

Kotak 811 Edge Digital Bank Account Kotak 811 Edge is a savings account which brings you the best of Kotak 811 and Kotak’s regular savings accounts. This account requires a minimum balance of Rs. 10,000.

Which is the safest bank 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.

Which bank is better Kotak or axis?

Some of the key results of the comparison between the two banks are: Lowest Interest rate of Axis Bank Home Loan is 6.90%, which is lower than the lowest interest rate of Kotak Bank at 8.60% and hence, Axis Bank is offering a cheaper loan option. … Axis Bank is a Private Bank with its Home Loan rates benchmarked to RLLR.

How good is Kotak Mahindra Bank?

This bank has a very good customer service and i got this credit card offer directly through bank only. 0.5 4.0/5 “Great!” I maintain my savings account with KOTAK bank for more than 2 years. There is no hidden charges in this bank.

Which is better Yes Bank or Kotak Mahindra Bank?

Employee Ratings Yes Bank scored higher in 7 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Work-life balance, Senior Management, Culture & Values and % Recommend to a friend. Kotak Mahindra scored higher in 2 areas: CEO Approval and Positive Business Outlook.

Which bank is No 1 position in India?

HDFC BankHDFC Bank: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets.

Who is the richest bank in India?

Here is the list of top 6 biggest public sector banks (PSBs) in India in 2019 in terms of market capitalization.HDFC Bank Ltd. … State Bank of India (SBI) … ICICI Bank Ltd. … Kotak Mahindra Bank Ltd. … Axis Bank Ltd. … IndusInd Bank Ltd.

Can Yes Bank shut down?

The bank cannot be shut down nor can it be merged. It has to be run with global and domestic support,” said the investor mentioned above. … Yes Bank will be managed and run as an independent and private sector bank by a professional board with no interference by SBI in its day-to-day affairs, Kumar said.

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…•

Which is the No 1 bank in the world?

Bank Rankings – Top Banks in the WorldCurrent RankPrevious RankBANK11Industrial & Commercial Bank of China Limited22China Construction Bank Corporation33Agricultural Bank of China Limited44Bank of China Limited46 more rows

Is Kotak Bank is Nationalised?

As mentioned in our other post, only the largest 14 private banks were nationalised through the act of Parliament in 1969. … New private sector banks – Axis Bank, Development Credit Bank, HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, Yes Bank.