SBI is Government bank and if we looking for any loans and accounts, First word comes in our mind is SBI and second is HDFC. HDFC Bank built on the lineage of its parent— Housing Development Finance Corporation

An SBI may statement massive profits one quarter and hardly rub though in the next, but not HDFC Bank. As noted by First post, “in the last 26 quarters, net profit growth has never fallen below 30 %. The average for the quarters is 34.2 %, and in the latest quarter the net profit growth is 31.4 %.”

No one barring the number crunchers knows the secret of this consistency. At some level, it probably means the bank’s accountants massage the numbers at the margin to retain earnings predictability for investors. The bottomline is that the bank’s bottom-line is made of cast-iron: its net profits have been compounding at nearly 30 percent for the past five years. This is why we have called it the best annuity scheme in the share markets. calculate loan emi's both of the banks with emi calculator

HDFC bank was set up in 1994; it has had only one boss Aditya Puri, who remains its managing director. The SBI, in the same period, has had around 10 bosses. The only SBI chief who had a decent stint was the previous incumbent, OP Bhatt (who got five years), and for most of his tenure the bank was indeed riding high.