List Of All Public And Private Sector Banks In India 2022

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

Frequently Asked Questions

Get answers to the most common queries related to the current affairs.

How many public sector banks are there in India as of 2022?

At present, there are 12 public sector banks in India.

What distinguishes India's public and private sector banks?

While the bank’s shareholders hold the majority of stakes in private sector banks, the majority in public sect...Read full

How many private sector banks are there in India as of 2022?

At present, there are 21 private sector banks in India.

How many different kinds of banks exist in India?

In India, there are two categories of commercial banks: scheduled commercial banks and non-scheduled commercial bank...Read full

Which bank in India is the safest?

The three biggest banks in India, SBI, HDFC, and ICICI, are regarded as the safest banks in India because the RBI ha...Read full