Why SBI bank is worst?
Table of Contents
- 1 Why SBI bank is worst?
- 2 Why is SBI better than other banks?
- 3 Is SBI bank good or bad?
- 4 Why SBI is the best bank in India?
- 5 Why private banks are better than public banks?
- 6 Is SBI worst bank Quora?
- 7 What is the full form of SBI?
- 8 Why should I Choose SBI over any other bank?
- 9 How is SBI in educating its employees about their software?
- 10 Is it safe to close a savings account with SBI?
Why SBI bank is worst?
With 76 million internet banking customers and more than 17 million mobile banking customer will for sure affect the digital network.
Why is SBI better than other banks?
They are very well positioned on the liability franchise, they have very cheap CASA deposits, their cost of funds would be much cheaper and they have the best kind of reach. Also, SBI is the largest mortgage lender in India.
Which government bank is best in customer service?
- State Bank of India. State Bank of India (SBI) is among the Fortune 500 companies.
- Punjab National Bank. Punjab National Bank (PNB) is a government-owned bank under the ownership of the Ministry of Finance.
- Union Bank of India.
- HDFC Bank.
- ICICI Bank.
- Kotak Bank.
- Bank of Baroda.
- Bank of India.
Is SBI bank good or bad?
It is a wonderful bank for industries because they lend a lot of money to industries and that is a good part. They lend to a lot of consumers somewhere in the system because their numbers show that. Yono etc have done a wonderful job in terms of reaching out to a large mass of customers.
Why SBI is the best bank in India?
State Bank of India (SBI) is the oldest and largest banking and financial service provider in India. Each year, SBI adds more employees to its roster as part of its expansion policies, both domestic and abroad. SBI offers a lot in the way of job security and pay.
Why is SBI the biggest bank?
It is a public sector bank and the largest bank in India with a 23\% market share by assets and a 25\% share of the total loan and deposits market. It is also the fifth largest employer in India with nearly 250,000 employees….State Bank of India.
| The Banker to Every Indian | |
|---|---|
| State Bank Bhavan, Nariman Point, Mumbai | |
| Parent | Government of India |
Why private banks are better than public banks?
The private banks have a better net interest margin (3.4 per cent vs 2.4 per cent for public banks); lower costs (a wage bill that is 8.7 per cent of income, compared to 13.8 per cent for public banks); and therefore, continuing profitability even as public banks have lost money for the last five years.
Is SBI worst bank Quora?
What makes SBI the worst bank in India? – Quora. Unfortunately there is no word beyond worst to describe this bank. NPA league customers might be a different class altogether but general customers are treated worst than begar. Passbook update – go to kiosk.
Is Yono SBI safe?
YONO is designed to provide all banking services with complete security. Three-layer security with profile password, transaction password and OTP ensures the safety of your transactions.
What is the full form of SBI?
State Bank of India (SBI) a Fortune 500 company, is an Indian Multinational, Public Sector Banking and Financial services statutory body headquartered in Mumbai.
Why should I Choose SBI over any other bank?
SBI caters to a major chunk of such customers for whom the doors of banking are closed otherwise. Either because the branches of any other bank is far away or the other bank would simply not entertain a non profitable customer.
Is it safe to use the SBI app?
Closed the card and ate the fee – a good lesson learned to not use SBI for anything other than a bank account State Bank of India, It is very secure protection for using people. SBI is one of the best bank of India. I prefer it and using SBI App is very friendly user.
How is SBI in educating its employees about their software?
SBI never educate their software properly to their employees.They simply ask us to come later for the rectification. Private bank like HDFC are very much co-operative and they are well versed with their software. SBI looting by penalties and interests etc. Wrost bank all over India…
Is it safe to close a savings account with SBI?
Not recommended. Have just, with difficulty, closed savings account with SBI and got money back. Their website is poor, difficult to understand customer services on phone, they placed unnecessary obstacles in way of getting money transferred back to current account from which it came in the first place.