List of banks in India
Banks in India are classified into four categories -
- Commercial Banks
- Small Finance Banks
- Payments Banks
- Co-operative Banks
Public-sector banks
- Public Sector Banks are a major type of bank in India, where a majority stake is held by the government.
- In April 2019, Vijaya Bank and Dena Bank were merged with Bank of Baroda.
- On 30 August 2019, Union Finance Minister Nirmala Sitaraman announced merger of six public sector banks with four better performing anchor banks in order to streamline their operation and size, two banks were amalgamated to strengthen national presence and four were amalgamated to strengthen regional focuses. Subsequently, the number of public sector bank has been reduced to 12 from 27. This new amalgamation came effective from 1 April 2020.
Public Sector Banks (Government Shareholding %, as of 1st April, 2020)
| Anchor Bank | Trademark | Merged Banks | Branches | Established | Headquarter | Total Assets | Revenues | Refs |
| Bank of Baroda | 9,481 | 1908 | Vadodara, Gujarat | |||||
| Bank of India | 5,000 | 1906 | Mumbai, Maharashtra | |||||
| Bank of Maharashtra | 1,897 | 1935 | Pune, Maharashtra | |||||
| Canara Bank | 10,342 | 1906 | Bengaluru, Karnataka | |||||
| Central Bank of India | 4,666 | 1911 | Mumbai, Maharashtra | |||||
| Indian Bank | 6,104 | 1907 | Chennai, Tamil Nadu | |||||
| Indian Overseas Bank | 3,400 | 1937 | Chennai, Tamil Nadu | |||||
| Punjab and Sind Bank | 1,554 | 1908 | New Delhi, Delhi | |||||
| Punjab National Bank | 11,437 | 1894 | New Delhi, Delhi | |||||
| State Bank of India | 24,000 | 1955 | Mumbai, Maharashtra | |||||
| UCO Bank | 4,000 | 1943 | Kolkata, West Bengal | |||||
| Union Bank of India | 9,609 | 1919 | Mumbai, Maharashtra |
Private-sector banks
| Bank Name | Trademark | Est. | Headquarters | Branches | Revenues | Total Assets | Ref |
| Axis Bank | 1993 | Mumbai, Maharashtra | 4,800 | ||||
| Bandhan Bank | 2015 | Kolkata, West Bengal | 1,000 | ||||
| Catholic Syrian Bank | 1920 | Thrissur, Kerala | 426 | ||||
| City Union Bank | 1904 | Thanjavur, Tamil Nadu | 600 | ||||
| DCB Bank | 1930 | Mumbai, Maharashtra | 323 | ||||
| Dhanlaxmi Bank | 1927 | Thrissur, Kerala | 269 | ||||
| Federal Bank | 1931 | Kochi, Kerala | 1,252 | ||||
| HDFC Bank | 1994 | Mumbai, Maharashtra | 4,787 | ||||
| ICICI Bank | 1994 | Mumbai, Maharashtra | 4,882 | ||||
| IDBI Bank | 1964 | Mumbai, Maharashtra | 1,892 | ||||
| IDFC First Bank | 2015 | Mumbai, Maharashtra | 301 | ||||
| IndusInd Bank | 1994 | Mumbai, Maharashtra | 1,004 | ||||
| Jammu & Kashmir Bank | 1938 | Srinagar, Jammu and Kashmir | 958 | ||||
| Karnataka Bank | 1924 | Mangaluru, Karnataka | 835 | ||||
| Karur Vysya Bank | 1916 | Karur, Tamil Nadu | 668 | ||||
| Kotak Mahindra Bank | 2003 | Mumbai, Maharashtra | 1,369 | ||||
| Lakshmi Vilas Bank | 1926 | Karur, Tamil Nadu | 570 | ||||
| Nainital Bank | 1922 | Nainital, Uttarakhand | 135 | ||||
| RBL Bank | 1943 | Mumbai, Maharashtra | 342 | ||||
| South Indian Bank | 1929 | Thrissur, Kerala | 852 | ||||
| Tamilnad Mercantile Bank | 1921 | Thoothukudi, Tamil Nadu | 509 | ||||
| Yes Bank | 2004 | Mumbai, Maharashtra | 1,050 |
Banks owned by State Government
Regional Rural Banks (RRBs)
List of Regional Rural Banks : At present, there are 43 RRBs in India Since 1 April 2020.| State | Bank's Name | Established | Headquarters | Branches | Sponsor Bank | Ref |
| Andhra Pradesh | Andhra Pradesh Grameena Vikas Bank | 2006 | Warangal, Telangana | 755 | State Bank of India | |
| Andhra Pradesh | Andhra Pragathi Grameena Bank | 2006 | Kadapa, Andhra Pradesh | Canara Bank | ||
| Andhra Pradesh | Chaitanya Godavari Gramin Bank | 2006 | Gundoor, Andhra Pradesh | 219 | Union Bank of India | |
| Andhra Pradesh | Saptagiri Gramin Bank | 2006 | Chittoor, Andhra Pradesh | 220 | Indian Bank | |
| Arunachal Pradesh | Arunachal Pradesh Rural Bank | 1983 | Itanagar, Arunachal Pradesh | 30 | State Bank of India | |
| Assam | Assam Gramin Vikash Bank | 2006 | Guwahati, Assam | 474 | Punjab National Bank | |
| Bihar | Dakshin Bihar Gramin Bank | 2019 | Patna, India | 1078 | Punjab National Bank | |
| Bihar | Uttar Bihar Gramin Bank | 1976 | Muzaffarpur, India | 1001 | Central Bank of India | |
| Chhattisgarh | Chhattisgarh Rajya Gramin Bank | State Bank of India | ||||
| Gujarat | Baroda Gujarat Gramin Bank | Bank of Baroda | ||||
| Gujarat | Saurashtra Gramin Bank | State Bank of India | ||||
| Haryana | Sarva Haryana Gramin Bank | Punjab National Bank | ||||
| Himachal Pradesh | Himachal Pradesh Gramin Bank | Punjab National Bank | ||||
| Jammu And Kashmir | Ellaquai Dehati Bank | State Bank of India | ||||
| Jammu And Kashmir | Jammu And Kashmir Grameen Bank | J&K Bank Ltd. | ||||
| Jharkhand | Jharkhand Rajya Gramin Bank | State Bank Of India | ||||
| Karnataka | Karnataka Gramin Bank | Canara Bank | ||||
| Karnataka | Karnataka Vikas Grameena Bank | 2005 | Dharwad, Karnataka | 633 | Canara Bank | |
| Kerala | Kerala Gramin Bank | 2013 | Malappuram, Kerala | 634 | Canara Bank | |
| Madhya Pradesh | Madhya Pradesh Gramin Bank | Bank of India | ||||
| Madhya Pradesh | Madhyanchal Gramin Bank | 2012 | Sagar, Madhya Pradesh | State Bank of India | ||
| Maharashtra | Maharashtra Gramin Bank | 2008 | Aurangabad, India | 391 | Bank of Maharashtra | |
| Maharashtra | Vidarbha Konkan Gramin Bank | Bank of India | ||||
| Manipur | Manipur Rural Bank | Punjab National Bank | ||||
| Meghalaya | Meghalaya Rural Bank | State Bank of India | ||||
| Mizoram | Mizoram Rural Bank | 1983 | Aizawl, Mizoram | 85 | State Bank of India | |
| Nagaland | Nagaland Rural Bank | State Bank of India | ||||
| Odisha | Odisha Gramya Bank | 2013 | Bhubaneswar, India | 549 | Indian Overseas Bank | |
| Odisha | Utkal Grameen Bank | 2012 | Bolangir, India | 442 | State Bank of India | |
| Puducherry | Puduvai Bharathiar Grama Bank | 2008 | Pondicherry, India | Indian Bank | ||
| Punjab | Punjab Gramin Bank | Punjab National Bank | ||||
| Rajasthan | Rajasthan Marudhara Gramin Bank | State Bank of India | ||||
| Rajasthan | Baroda Rajasthan Kshetriya Gramin Bank | Bank of Baroda | ||||
| Tamil Nadu | Tamil Nadu Grama bank | Indian Bank | ||||
| Telangana | Telangana Grameena Bank | State Bank of India | ||||
| Tripura | Tripura Gramin Bank | 1976 | Agartala, India | 142 | Punjab National Bank | |
| Uttar Pradesh | Aryavart Bank | 2019 | Lucknow, Uttar Pradesh | 1365 | Bank of India | |
| Uttar Pradesh | Baroda UP Bank | 2006 | Gorakhpur, Uttar Pradesh | 2050 | Bank of Baroda | |
| Uttar Pradesh | Prathama UP Gramin Bank | 2019 | Moradabad, Uttar Pradesh | Punjab National Bank | ||
| Uttarakhand | Uttarakhand Gramin Bank | 2012 | Dehradun, Uttarakhand | 286 | State Bank of India | |
| West Bengal | Bangiya Gramin Vikash Bank | 2007 | Berhampore, West Bengal | 587 | Punjab National Bank | |
| West Bengal | Paschim Banga Gramin Bank | 2007 | Howrah, West Bengal | 230 | UCO Bank | |
| West Bengal | Uttarbanga Kshetriya Gramin Bank | 1977 | Coochbehar, West Bengal | Central Bank of India |
Small finance banks
Payments banks
Foreign banks
Foreign banks with branches
List of banks which are incorporated outside India and are operating branches in India:Foreign banks with representative offices
List of foreign banks with representative offices in India:Cooperative banks
State Co-operative Banks (SCBs)
List of State Co-operative Banks:Urban Co-operative Banks (UCBs)
List of scheduled and unscheduled Urban Co-operative Banks:Local area banks
Local area banks are non scheduled banks and they were set up with the twin objectives of providing an institutional mechanism for promoting rural and semi urban savings and for providing credit for viable economic activities in the local areas. They were established as public limited companies in the private sector. They are promoted either by individuals, corporate, trusts or societies. The minimum paid up capital of such banks is ₹5 crores. The promoter’s contribution should be at least ₹2 crores. Local area banks can operate and open their branches in a maximum of three geographically contiguous districts. They are governed by the provisions of Reserve Bank of India act 1934, Banking Regulation act 1949 and other relevant statutes. They are to be registered as public limited companies under the Indian companies act 1956. Since they are non scheduled banks, they cannot borrow funds from Reserve Bank of India like other scheduled commercial banks.Local Area Banks in India are the following :
- Coastal Local Area Bank Limited
- Krishna Bhima Samruddhi Local Area Bank Limited
- Subhadra Local Area Bank Limited