HDFC Bank ranked 27th safest bank globally by ‘The Banker’

By: |
New Delhi | Published: October 28, 2015 9:59:24 PM

Private sector lender HDFC Bank has been rated 27th safest bank in the world, according to latest Bank Safety Ranking by 'The Banker', a Financial Times publication.

HDFC bank safestThe bank has been ranked 27th globally among 250 banks and stood at number 6 in Asia Pacific region, a statement said. (Reuters)

Private sector lender HDFC Bank has been rated 27th safest bank in the world, according to latest Bank Safety Ranking by ‘The Banker’, a Financial Times publication.

The bank has been ranked 27th globally among 250 banks and stood at number 6 in Asia Pacific region, a statement said.

The ranking is based on capital, asset quality, profitability, how the bank funds itself, and the risk environment for each bank’s home country.

As per the report, Axis Bank has been ranked at 71, ICICI Bank at 85 and State Bank of India at the 201 position.

Also, Punjab National Bank has been ranked at 206, Bank of Baroda 214, Canara Bank 222 and IDBI at 235 position in the Asia Pacific region.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Next Stories
1Indian rupee gains 4 paise to end at 64.93 vs US dollar
2IDBI Bank employees to strike work on November 27
3Interview: V Srinivasan & Sanjeev K Gupta, Axis bank