Safest Banks of India: Many of us open bank accounts so that our money remains safe and we earn huge income from the interest received on it. After depositing money in the bank, we become tension free thinking that now our money is secure, but there is no assurance of when the bank goes bankrupt and when your money is lost. In such a situation, if you want to keep your money safe, then this is useful news for you.

Three safest banks of the country

In fact, the Reserve Bank of India (RBI) has declared State Bank of India (SBI), HDFC Bank and ICICI Bank as the safest banks in the country. RBI has identified them as the most systemically important financial institutions of the country and described them as Domestic Systemically Important Banks (D-SIBs). With this announcement by RBI on Tuesday, it has now been confirmed that all these three institutions hold an important place in the banking sector.

Their safety is very important

These banks were identified as D-SIBs in 2024, which are once again ahead due to their size and importance for the country’s economy. D-SIBs are considered so important that their failure has a very bad impact on the financial system of the country, which can cause large-scale problems, hence the government and the regulator are committed to ensuring their stability and steps have been taken to prevent them from failing.

It is necessary to maintain extra capital

According to RBI guidelines, these banks included in the high bucket category need to keep more capital with themselves. Specifically, Extra Common Equity Tier 1 (CET1) capital. So that it can help in facing any possible loss or risk.

The level of additional CET1 capital varies depending on the bank’s classification in the D-SIB framework. State Bank of India has been placed in Bucket 4, for which it will have to maintain additional 0.80 percent CET1 capital. HDFC Bank is in Bucket 2, which requires additional 0.40 per cent CET1 capital. ICICI Bank is in Bucket 1, for which it will have to maintain additional 0.20 percent CET1 capital.

What are D-SIBs?

The concept of Domestic Systemically Important Banks was first introduced in 2014. This was a part of RBI’s effort to strengthen financial stability. Their identification started in 2015. Domestic Systemically Important Banks are those banks which play an important role in the economy. If something goes wrong in this, the entire system of the country can be shaken, hence the government keeps a close watch on them and comes to the forefront to save them from the trouble.

How secure is your money in the bank?

If the bank in which you have an account is bankrupt or closed for some reason, then only a maximum of Rs 5 lakh of your deposit will be refunded to you. Even if you have more amount in your account, you will not get more than Rs 5 lakh. If the amount is less, the entire amount will be refunded.

Actually, under the Deposit Insurance and Credit Guarantee Corporation (DICGC), the government provides insurance cover on deposits in the bank. DICGC is an institution owned by the Reserve Bank. Before February 4, 2020, deposit insurance was only Rs 1 lakh for the amount deposited in the bank, which has been increased to Rs 5 lakh in 2020.

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Share Market: A tremendous rise was seen in the Indian stock market in the last two days of last week. Its effect is also visible on the market capitalization of seven of the top 10 Sensex companies. Last week, these seven companies together added Rs 96,200.95 crore to their market cap.

Last week, BSE Sensex had gained 474.75 points (0.55 percent) and on Thursday it also touched a record high level of 86,055.86. This created a good trading environment for frontline stocks, due to which their value increased significantly. Therefore, the investors who placed bets on these stocks also got silver.

Reliance on top once again

Reliance Industries once again took advantage of the market movements and earned huge profits. There was an increase of Rs 28,282.86 crore in the market cap of the company. With this, its total valuation has now increased to Rs 21.20 lakh crore. This was followed by Bajaj Finance, which added Rs 20,347.52 crore to its market cap. Its valuation has now reached Rs 6.45 lakh crore.

Banking stocks did wonders

• There was a jump of Rs 13,611.11 crore in the market cap of HDFC Bank, taking its market cap to Rs 15.48 lakh crore.
• ICICI Bank also added Rs 13,599.62 crore to its market cap. Due to this its valuation also became approximately Rs 10 lakh crore.
• State Bank of India (SBI) also registered gains and added Rs 6,415.28 crore to the market cap.
• Infosys and Hindustan Unilever also gained, with their market cap rising by Rs 6,273.15 crore and Rs 7,671.41 crore, respectively.

Top 10 Sensex companies according to market cap

• Reliance Industries
• HDFC Bank
• Bharti Airtel
• TCS
• ICICI Bank
• State Bank of India
• Infosys
• Bajaj Finance
• Hindustan Unilever
• LIC

they suffered losses

• Bharti Airtel suffered the biggest loss, which suffered a loss of Rs 35,239.01 crore.
• The market cap of TCS has also declined by Rs 3,762.81 crore.
• The market cap of LIC has also decreased by Rs 4,996.75 crore.

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Icici bank: ICICI bank account holders will not have to wait as before to clear the check from October 4, 2025. According to the new guidelines of the Reserve Bank of India, now the facility will be available to clear the sem day check. The ICICI Bank has informed its customers that with email and highlight check deposits, the check clearance between 2 banks will now be reduced and this will be able to clear customers’ checks in 1 day. Let us tell you that earlier it used to take 2-3 days to clear the check. Along with this, the bank has also advised its account holders to use positive pay features.

This is how positive pay features do

RBI is bringing positive pay features in 2 phases. The first phase will start from October 4, 2025. Let us tell you that check transaction system has been used between two banks to clear any check. Under this, the check is sent from one bank to another. Due to which it takes 2, 3 days to clear the check. In positive pay features, the bank will scan the check and send it to another bank and the banks will reply accordingly. If all the information is correct, then your check will be cleared in 1 day.

ICICI Bank will use additional checking layer for checks of more than 50 thousand rupees. This will help in reducing banking fraud. Bank will check the account number of customers, check number, payment customer name, check issuing date and check amount again so that customers do not face any kind of trouble.

These things will have to be taken care of to clear bean day check

To clear the bean -day check, the correct date in the check, the name of the customer paying, the amount will have to be filled carefully. It will be considered invalid when there is any type of overwriting in the check. Also, the signature on the check should match your existing signature in the bank. Apart from this, the bank has told that positive pay features will have to be used for checks with more than 5 lakhs or else the check will not be cleared.

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M-cap of 10 valuable companies: On the go of the month of August, the 8 most valuable companies in the country gave a big blow. The last businessman of the month was a harm to the stock market. On August 29, the Sensex slipped 271 points to close at 79810, while the Nifty also fell 74 points to close at 24427.

The Sensex has declined by 1826 points in this whole week. The Nifty also recorded a decline of 540 points. It also affected the market cap of many big companies of the country. The market cap of 8 companies out of the 10 most valuable companies listed in the stock market declined by Rs 2,24,630.45 crore during this period. Among them, Reliance Industries and HDFC Bank suffered the most loss.

Reliance loss of more than 70 thousand crores

Among these top 10 companies, the market cap of Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance and Life Insurance Corporation of India (LIC) declined, while Tata Consultancy Services (TCS) and Hindustan Unilever have benefited. The market cap of Reliance Industries has come down by Rs 70,707.17 crore to Rs 18,36,424.20 crore. HDFC Bank’s valuation has also come down by Rs 47,482.49 crore to Rs 14,60,863.90 crore.

Market cap of these companies also decreased

Similarly, the valuation of ICICI Bank has come down by Rs 27,135.23 crore to Rs 9,98,290.96 crore and Bharti Airtel’s market cap has come down by Rs 24,946.71 crore to Rs 10,77,213.23 crore. LIC also reduced the valuation of Rs 23,655.49 crore to Rs 5,39,047.93 crore and the valuation of State Bank of India has come down by Rs 12,692.1 crore to Rs 7,40,618.60 crore.

During this time, Bajaj Finance has also been damaged. Its market cap has come down by Rs 10,471.08 crore to Rs 5,45,490.31 crore. Similarly, the market cap of Infosys has been reduced to Rs 6,10,463.94 crore with a loss of Rs 7,540.18 crore.

TCS benefited so much crores

TCS and Hindustan Unilever alone have benefited. Where the market valuation of TCS increased by Rs 11,125.62 crore to Rs 11,15,962.91 crore. At the same time, the valuation of Hindustan Unilever increased by Rs 7,318.98 crore to Rs 6,24,991.28 crore.

However, despite such a big loss, Reliance Industries is still at number one in the list of most valuable companies. This is followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Hindustan Unilever, Infosys, Bajaj Finance and LIC.

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Last week, both Sensex and Nifty recorded a boom. In the small business week from the holidays, the Sensex rose 739.87 points i.e. 0.92 percent and the Nifty is 268 points i.e. 1.10 percent. During this period, the market capitalization of five of the top 10 most valuable companies of Sensex collectively increased by Rs 60,675.94 crore. State Bank of India and HDFC Bank got the most benefit.

SBI, top gainer, RIL

In the week under review, the market capitalization of State Bank of India increased by Rs 20,445.82 crore to Rs 7,63,095.16 crore. HDFC Bank’s evaluation increased by Rs 14,083.51 crore to Rs 15,28,387.09 crore. Similarly, the market capitalization of Infosys increased by Rs 9,887.17 crore to Rs 6,01,310.19 crore, Bharti Airtel’s evaluation increased by Rs 8,410.6 crore to Rs 10,68,260.92 crore and Reliance Industries market capitalization increased to Rs 18,548.84 crore to Rs 18,5948.023.43 crore.

LIC market cap reduced

On the other hand, the market capitalization of LIC declined by Rs 15,306.5 crore to Rs 5,61,881.17 crore. The market status of Bajaj Finance declined by Rs 9,601.08 crore to Rs 5,35,547.44 crore. The evaluation of ICICI Bank declined by Rs 6,513.34 crore and came to Rs 10,18,982.35 crore. The market capitalization of TCS declined by Rs 4,558.79 crore to Rs 10,93,349.87 crore and the evaluation of Hindustan Unilever declined by Rs 3,630.12 crore to Rs 5,83,391.76 crore.

Reliance Industries stood first among the top 10 companies in terms of market cap. After this, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Hindustan Unilever, LIC and Bajaj Finance respectively.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

SBI Hikes Home Loan Interest: The country’s largest government bank has given a blow to the dreams of the people who are planning to buy a house. State Bank of India (SBI) has decided to increase interest rates on home loans. The bank has increased 25 basis points in the upper band of interest rates. Earlier SBI’s home loan interest was between 7.50% to 8.45%, but now it has increased between 7.50% to 8.70%. That is, the lower limit has been kept the same, while the upper limit has been increased.

It is worth noting that in July also, SBI’s interest rate range was 7.50% to 8.45%. After this new change, now new customers will have to pay interest from 7.50% to 8.70%.

SBI shock to home buyers

In the end of July, Union Bank of India also increased the interest rates from 7.35% to 7.45%. In private banks, ICICI is providing home loans at 8%, HDFC 7.90% and Axis Bank 8.35% at the minimum interest rate.

This increase has been made by the bank at a time when the RBI is constantly trying to give relief to the people by cutting the repo rate. This step of SBI will affect especially the customers whose credit score is low, as the upper interest rate limit has been increased.

It is believed that after SBI, other public sector banks can also take such steps soon. According to the ET report, this change will currently be applicable only to new home loan customers.

Rbi on bank minimum balance: The Reserve Bank of India has denied any restriction on arbitrary minimum balance by banks. RBI Governor Sanjay Malhotra said that the central bank leaves the decision to banks how much minimum balance they decide. This statement from RBI has come at a time when ICICI Bank has increased the average monthly balance for the new savings account opening from 1 August 2025 to Rs 50,000.

The minimum balance in metro and urban branches has been increased from Rs 10,000 to Rs 50,000, while in semi-urban branches, it has been increased from Rs 5,000 to Rs 25,000 and in rural areas it has been increased to Rs 10,000.

RBI refuses to interfere

However, these changes will only apply to new customers, while the new minimum balance rules for old account holders will not apply until the notification is issued by the bank. If customers do not meet the terms of this average balance, then penalty will be imposed on them by the bank.

Reserve Bank of India Governor Sanjay Malhotra said on Monday that banks are free to fix the minimum balance in savings accounts and it does not fall under RBI regulatory jurisdiction. He said this in a conversation with reporters during a ceremony organized on financial inclusion at Gojiaia Gram Panchayat in Mehsana district of Gujarat.

What did Sanjay Malhotra say?

Asked about increasing the amount of minimum balance required for private bank ICICI’s savings account, Sanjay Malhotra said, “RBI has left the decision to decide the minimum balance on each bank. Some banks have kept it Rs 10,000, some have kept Rs 2,000 and some have given the customers. ICICI Bank has increased the minimum balance limit for those opening new savings accounts from 1 August.

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Minimum balance on saving accounts: Recently, most of the public sector banks have abolished the minimum balance limit on savings accounts. Earlier it was mandatory to keep a certain amount, but the customers have been freed from this mess. However, these conditions are still applicable in many public sector banks. In such a situation, if you are planning to open an account in a bank, then this news can be of your use, because it is very important to know its minimum balance before opening an account in any bank.

What are the rules of which banks

One of the large private sector banks, ICICI Bank has changed the terms of minimum balance for savings account holders, raising this limit to branches of big cities to Rs 50,000, which was earlier Rs 10,000. Similarly, the minimum balance in semi-urban branches has been increased to Rs 25,000, which was earlier Rs 5,000, while in rural branches it has been increased to Rs 10,000, which used to be Rs 2,500 earlier. This rule has come into effect from 1 August.

Actually, every bank has fixed the minimum balance according to its own. This is the amount that you need to keep in your account, and if the balance is reduced by this limit in the month, then the bank imposes penalty on customers. Earlier, the minimum amount for urban areas in most public sectors was fixed from Rs 1,000 to Rs 4,000, but now many banks including Canara Bank, Bank of India and State Bank of India have abolished the condition of minimum balance on savings accounts.

However, this condition is still applicable in private banks. The minimum balance of savings account in HDFC and Kotak Mahindra Bank is Rs 10,000, Rs 5,000 in Bandhan Bank and Rs 12,000 in Axis Bank.

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Market Valuation: The decline in the Indian stock market last week also affected the market cap of the top 10 value companies in the country. The market cap of six of these companies has decreased by Rs 1,36,151.24 crore. Reliance Industries has suffered the most. The BSE Sensex closed down the sixth consecutive week. On Friday, the BSE Sensex closed down by 742.12 points or 0.92 percent and the NSE Nifty recorded a decline of 202.05 points or 0.82 %.

Loss to these companies

Due to this decline in the stock market, the market cap of Reliance Industries declined by Rs 34,710.8 crore to Rs 18,51,174.59 crore. At the same time, HDFC Bank also suffered a loss of 29,722.04 crores and with this its market cap was reduced to Rs 15,14,303.58 crore.

The market cap of ICICI Bank has also come down by Rs 24,719.45 crore and with this its valuation has now been reduced to Rs 10,25,495.69 crore. The market cap of Infosys was reduced to Rs 5,91,423.02 crore with a loss of 19,504.31 crore. Bharti Airtel’s market cap is now 10,59,850.32 crore with a loss of 15,053.55 crore. At the same time, the market cap of Hindustan Unilever has now been reduced to Rs 5,87,021.88 crore with a loss of Rs 12,441.09 crore.

These companies were in profit

During this time some companies have also made profits. The market cap of Life Insurance Corporation of India (LIC) has increased by Rs 17,678.37 crore to Rs 5,77,187.67 crore. The market cap of Tata Consultancy Services (TCS) has also increased by Rs 11,360.8 crore and now it is Rs 10,97,908.66 crore.

State Bank of India (SBI) has also added Rs 9,784.46 crore to its market cap and now its valuation is Rs 7,42,649.34 crore. Similarly, the market capitalization of Bajaj Finance has increased by Rs 186.43 crore to Rs 5,45,148.52 crore.

However, even after a huge loss of Rs 34,710.8 crore, Reliance Industries is at the top of the list of the most valuable companies. After this, the list includes HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Hindustan Unilever, LIC and Bajaj Finance.

Icici bank: Private sector bank ICICI Bank has given a big blow to its customers. The bank has issued a new rule regarding its minimum average monthly balance (MAB). The bank has increased the existing MAMB directly from Rs 10,000 to Rs 50,000 for the savings account to be opened on or after 1 August, 2025.

This rule is applicable only to metro cities and cities. That is, the customers of the bank living here will have to keep an average balance of Rs 50,000 in their savings account during a month. Whereas earlier there was a need to keep only 10,000 rupees. Overall, the bank has increased its Mamb by 5 times.

Different rules in cities and villages

At the same time, customers in semi-ibn branches will now have to keep a minimum average balance of Rs 25,000 instead of Rs 5,000 during a month. At the same time, the minimum average balance in rural branches has been increased from 5,000 to 10,000. That is, only two times have been increased.

These updated terms and conditions of the bank will apply only to newly opened savings accounts from the effective date, the customers of ICICI Bank who fail to maintain the revised minimum amount in their account from August 1, will have to face penalty as per the updated fee schedule.

Changes in cash transactions also

Apart from this, the bank has also changed the charge of cash transactions. Customers will now get the facility of three free cash deposits per month on branches and cash recycler machines. After this, a fee of Rs 150 will be charged on every additional transaction. Every month you will be able to deposit up to 1 lakh rupees at a time. After this, a fee of 3.5 % or Rs 150 will be charged per 1,000 rupees per 1,000 rupees. Third party cash deposit limit has been fixed up to Rs 25,000.

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