Profile
Settings
Refer your friends
Sign out
In India, banks are the most traditional type of financial intermediary. They are crucial in directing family funds toward both structured and unorganised industries. Indian Commercial Banks, Industrial Banks, Exchange Banks, Agricultural Banks, Cooperative Banks, and Indigenous Bankers comprise the Indian Banking System. The Reserve Bank of India serves as the system’s central bank.
Types of Banks
Indian banks are categorised into four major types:
- Commercial Banks: These are further classified into
- Public Sector Banks – The government owns most of the stock. Punjab National Bank, State Bank of India, Central Bank of India, and other institutions are examples of public sector banks.
- Private Sector Banks – Private individuals own the majority of the stake. Private banks include institutions like HDFC Bank, ICICI Bank, AXIS Bank, etc.
- Regional rural banks,
- Foreign banks – Foreign banks are those with their corporate headquarters located outside of India. Standard Chartered, American Express, Citibank, and other institutions are examples of foreign sector banks.
- Small Finance Banks
- Payments Banks
- Cooperative Banks
List of All Public and Private Sector Banks in India 2022
List of Public Sector Banks
Bank Name | Establishment | Headquarter |
Bank of Baroda | 1908 | Vadodara, Gujrat |
Bank of India | 1906 | Mumbai, Maharashtra |
Bank of Maharashtra | 1935 | Pune, Maharashtra |
Canara Bank | 1906 | Bengaluru, Karnataka |
Central Bank of India | 1911 | Mumbai, Maharashtra |
Indian Overseas Bank | 1937 | Chennai, Tamil Nadu |
Punjab and Sind Bank | 1908 | New Delhi, Delhi |
State Bank of India | 1955 | Mumbai, Maharashtra |
UCO Bank | 1943 | Kolkata, West Bengal |
Union Bank of India | 1919 | Mumbai, Maharashtra |
Punjab National Bank | 1894 | New Delhi, Delhi |
Indian Bank | 1907 | Chennai, Tamil Nadu |
List of Private Sector Banks
Bank Name | Establishment | Headquarter |
Axis Bank | 1993 | Mumbai, Maharashtra |
Bandhan Bank | 2015 | Kolkata, West Bengal |
CSB Bank | 1920 | Thrissur, Kerala |
City Union Bank | 1904 | Thanjavur, Tamil Nadu |
DCB Bank | 1930 | Mumbai, Maharashtra |
Dhanlaxmi Bank | 1927 | Thrissur, Kerala |
Federal Bank | 1931 | Aluva, Kerala |
HDFC Bank | 1994 | Mumbai, Maharashtra |
ICICI Bank | 1994 | Mumbai, Maharashtra |
Induslnd Bank | 1964 | Mumbai, Maharashtra |
IDFC First Bank | 2015 | Mumbai, Maharashtra |
Jammu and Kashmir Bank | 1938 | Srinagar, Jammu and Kashmir |
Karnataka Bank | 1924 | Mangaluru, Karnatka |
Karur Vysya Bank | 1916 | Karur, Tamil Nadu |
Kotak Mahindra Bank | 2003 | Mumbai, Maharashtra |
IDBI Bank | 1964 | Mumbai, Maharashtra |
Nainital Bank | 1922 | Nainital, Uttrakhand |
RBL Bank | 1943 | Mumbai, Maharashtra |
South Indian Bank | 1929 | Thrissur, Kerala |
Tamilnad Mercantile Bank | 1921 | Toothukudi, Tamil Nadu |
YES Bank | 2004 | Mumbai, Maharashtra |
