Know how much money you get if a bank sinks. Learn which banks are safest in RBI's list and how deposit insurance works. Here we have created the Top 10 Safest Banks In India To Put Hard-Earned Money List:- 1. HDFC BANK. The Housing Development Finance Corporation or HDFC was found in 1994 in India. It is a reputed private sector bank and is one of the Safest Banks In India. HDFC Bkan’s Headquater is located in Mumbai. In an era where financial frauds and bank failures are becoming more common, the Reserve Bank of India (RBI) has stepped in to reassure customers by releasing a list of the 10 safest banks in India. The Reserve Bank of India (RBI) has identified State Bank of India (SBI), HDFC Bank, and ICICI Bank as the country’s most systemically important financial institutions, designating them as Domestic Systemically Important Banks (D-SIBs).
