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HDFC Bank vs State Bank of India

HDFC Bank and State Bank of India are popular brands in the Banking & Finance category. This comparison highlights ownership details, country of origin, headquarters location, and classification in India.

HDFC Bank is headquartered in India, while State Bank of India is based in India. Use the comparison below to evaluate key differences.

FeatureHDFC BankState Bank of India
Country of OriginIndiaIndia
HeadquartersMumbaiMumbai
Founded19941955
Parent CompanyHDFC Bank LtdState Bank of India
Ownership TypePublic CompanyPublic Sector Bank
Indian BrandYes 🇮🇳Yes 🇮🇳

Which Should You Choose in India?

Choosing between HDFC Bank and State Bank of India depends on your preferences, budget, and brand priorities. Both brands operate in the same category.

HDFC Bank is headquartered in Mumbai, India, while State Bank of India is based in Mumbai, India.

Frequently Asked Questions

Is HDFC Bank an Indian company?

HDFC Bank is an Indian brand headquartered in India.

Is State Bank of India an Indian brand?

Yes, State Bank of India is an Indian brand headquartered in India.

Which is better in India: HDFC Bank or State Bank of India?

Both HDFC Bank and State Bank of India have strong market presence in India. The better choice depends on pricing, product preferences, service support, and brand trust.

Are there Indian alternatives to HDFC Bank and State Bank of India?

Consumers looking to support Indian brands can explore alternatives within the same category that are headquartered in India.