i have recently opened my savings account in SBI.
this is a government Bank.
this bank have many brances all over India.
there is no minimum amount of balance required to maintain the account.
the annual maintainance charge is also very less as compared to other private banks.
if you are going for a FD, then the bank will pay you 10% interest per annum.
yes the bank is safe as it is a government bank.
the interest on savings is also greater than other banks.
it also provides a Deemat account service for trading purpose.