Reports about banks have in our notice that several private sector banks will be under trouble. People are worried about their hard earned money but the top 2 banks will never hurt them. These top 2 banks are ICICI bank and State Bank of India. If you have accounts in the top 2 banks as I said, you’re safe and your money is in safe hands.
However, looking at other banks such as Bank of Baroda, Axis Bank, etc, you’ll be disappointed like the customers of PMC bank. PMC bank is Punjab & Maharashtra cooperative bank. During a major step taken by the PMC bank under the guidelines of Reserve Bank of India, people are helpless still. They cannot withdraw an excess of thousand rupees everyday.
People got alerted and protested against the PMC bank but nothing has been done in favor of them. They are helpless as most of them kept huge amount of money for their health expenses or for marriage occasions. But, they had to give up their protest.
Modi’s government is most likely to keep ICICI bank and State Bank of India safe. So, there’s always a safe option for you to keep your money in these banks and live freely without worries.
These top 2 banks are serving the people in India differently. ICICI bank is the no 1 bank with good customer care. SBI or State Bank of India has no good customer care while this bank is highly reliable. You can sleep better if your money is in one of these banks.
Khalid M Raza
