India, a country known for its rich cultural heritage and economic diversity, boasts a robust banking sector that plays a crucial role in its development. In this article, we will delve into the extensive list of banks in India, highlighting the key players in the industry, their offerings, and their contributions to the nation’s financial landscape.
Providing a complete list of every bank in India is practically impossible due to several factors:
- Number of Banks: India boasts a vast banking network with several thousand banks operating across different categories. Compiling a truly comprehensive list would be incredibly extensive and likely outdated by the time it’s finished.
- Dynamic Landscape: The Indian banking landscape is constantly evolving, with mergers, acquisitions, new licenses being issued, and banks occasionally shutting down. Keeping a list perpetually updated would be a monumental task.
- Categorization: Different sources categorize banks differently, making it challenging to ensure all are captured. Public vs. private, scheduled vs. non-scheduled, regional vs. national, and cooperative vs. commercial banks add complexity.
However, we at AUBSP.com has tried to include the name of almost all banks in India.
List of Private Sector Banks in India
Private banks are owned by private individuals or institutions, and they operate independently of the government. Private sector banks are generally considered to be more efficient and customer-focused than public sector banks. They are also more likely to offer innovative products and services.
Following are the list of total 21 private banks in India:
| SL. No. | Name of Private Banks | Official Website |
|---|---|---|
| 1 | Axis Bank Ltd. | www.axisbank.com |
| 2 | Bandhan Bank Ltd. | www.bandhanbank.com |
| 3 | CSB Bank Limited | www.csb.co.in |
| 4 | City Union Bank Ltd. | www.cityunionbank.com |
| 5 | DCB Bank Ltd. | www.dcbbank.com |
| 6 | Dhanlaxmi Bank Ltd. | www.dhanbank.com |
| 7 | Federal Bank Ltd. | www.federalbank.co.in |
| 8 | HDFC Bank Ltd | www.hdfcbank.com |
| 9 | ICICI Bank Ltd. | www.icicibank.com |
| 10 | IndusInd Bank Ltd | www.indusind.com |
| 11 | IDFC FIRST Bank Limited | www.idfcbank.com |
| 12 | Jammu & Kashmir Bank Ltd. | www.jkbank.com |
| 13 | Karnataka Bank Ltd. | karnatakabank.com |
| 14 | Karur Vysya Bank Ltd. | www.kvb.co.in |
| 15 | Kotak Mahindra Bank Ltd | www.kotak.com |
| 16 | Nainital bank Ltd. | www.nainitalbank.co.in |
| 17 | RBL Bank Ltd. | www.rblbank.com |
| 18 | South Indian Bank Ltd. | www.southindianbank.com |
| 19 | Tamilnad Mercantile Bank Ltd. | www.tmb.in |
| 20 | YES Bank Ltd. | www.yesbank.in |
| 21 | IDBI Bank Limited | www.idbi.com |
List of Local Area Banks (LAB)
Local Area Banks (LABs) are a type of private sector bank in India that were established in 1996 with the goal of promoting rural savings and making them available for investment in local areas. LABs are regulated by the Reserve Bank of India (RBI) and operate in two to three contiguous districts.
Following are the list of total 2 Local Area Banks in India:
| SL. No. | Name of Local Area Banks | Official Website |
|---|---|---|
| 1 | Coastal Local Area Bank Ltd | www.coastalareabank.com |
| 2 | Krishna Bhima Samruddhi LAB Ltd | www.kbsbankindia.com |
List of Small Finance Banks (SFB)
Small Finance Banks (SFBs) are a type of niche banks in India that are licensed to provide basic banking services to unserved and underserved sections of the population, including small businesses, farmers, and micro-enterprises. SFBs were introduced by the Reserve Bank of India (RBI) in 2013 to promote financial inclusion and improve access to formal financial services for these underserved segments.
Following are the list of total 12 Small Finance Banks in India:
| SL. No. | Name of SFB | Official Website |
|---|---|---|
| 1 | Au Small Finance Bank Ltd. | www.aubank.in |
| 2 | Capital Small Finance Bank Ltd | www.capitalbank.co.in |
| 3 | Fincare Small Finance Bank Ltd. | fincarebank.com |
| 4 | Equitas Small Finance Bank Ltd | www.equitasbank.com |
| 5 | ESAF Small Finance Bank Ltd. | www.esafbank.com |
| 6 | Suryoday Small Finance Bank Ltd. | www.suryodaybank.com |
| 7 | Ujjivan Small Finance Bank Ltd. | www.ujjivansfb.in |
| 8 | Utkarsh Small Finance Bank Ltd. | www.utkarsh.bank |
| 9 | North East Small finance Bank Ltd | nesfb.com |
| 10 | Jana Small Finance Bank Ltd | www.janabank.com |
| 11 | Shivalik Small Finance Bank Ltd | shivalikbank.com |
| 12 | Unity Small Finance Bank Ltd | theunitybank.com |
List of Payments Banks (PB)
Payments banks are a type of specialized bank in India that is primarily focused on providing basic financial services to small businesses, low-income households, and migrant workers. They play a crucial role in promoting financial inclusion and expanding access to essential banking services for unbanked and underbanked segments of the population.
Following are the list of total 6 Payments Banks in India:
| SL. No. | Name of Payments Banks | Official Website |
|---|---|---|
| 1 | Airtel Payments Bank Ltd | www.airtel.in/bank |
| 2 | India Post Payments Bank Ltd | ippbonline.com/web/ippb |
| 3 | FINO Payments Bank Ltd | www.finobank.com |
| 4 | Paytm Payments Bank Ltd | www.paytmbank.com |
| 5 | Jio Payments Bank Ltd | www.jiopaymentsbank.com |
| 6 | NSDL Payments Bank Limited | nsdlbank.com |
List of Public Sector Banks in India
Public sector banks (PSBs) in India play a crucial role in the country’s financial system, accounting for a significant portion of total assets and deposits. These banks are majority-owned by the government and are primarily focused on promoting financial inclusion and economic development.
Following are the list of total 12 Public Sector Banks in India:
| SL. No. | Name of Public Sector Bank | Official Website |
|---|---|---|
| 1 | Bank of Baroda | www.bankofbaroda.co.in |
| 2 | Bank of India | www.bankofindia.co.in |
| 3 | Bank of Maharashtra | www.bankofmaharashtra.in |
| 4 | Canara Bank | www.canarabank.com |
| 5 | Central Bank of India | www.centralbankofindia.co.in |
| 6 | Indian Bank | www.indianbank.in |
| 7 | Indian Overseas Bank | www.iob.in |
| 8 | Punjab & Sind Bank | punjabandsindbank.co.in |
| 9 | Punjab National Bank | www.pnbindia.in |
| 10 | State Bank of India | www.sbi.co.in |
| 11 | UCO Bank | www.ucobank.com |
| 12 | Union Bank of India | www.unionbankonline.co.in |
List of Financial Institutions in India
Financial institutions play a crucial role in the Indian economy, providing a wide range of services to individuals, businesses, and the government. These institutions include banks, insurance companies, investment funds, and non-banking financial companies (NBFCs).
Following are the list of total 4 Financial Institutions in India:
| SL. No. | Name of Financial Institutions | Official Website |
|---|---|---|
| 1 | National Bank for Agriculture and Rural Development | www.nabard.org |
| 2 | Export-Import Bank of India | www.eximbankindia.in |
| 3 | National Housing Bank | nhb.org.in |
| 4 | Small Industries Development Bank of India | www.sidbi.in |
List of Regional Rural Banks in India
Regional Rural Banks (RRBs) are Scheduled Commercial Banks established by the Government of India in 1975 to provide banking and credit facilities to the weaker sections of society, particularly in rural areas.
RRBs are sponsored by public sector banks, which provide them with financial and managerial support. There are currently 43 RRBs in India with over 21,000 branches.
| SL. No. | Name of RRB | Official Website |
|---|---|---|
| 1 | Assam Gramin Vikash Bank | www.agvbank.co.in |
| 2 | Andhra Pradesh Grameena Vikas Bank | www.apgvbank.in |
| 3 | Andhra Pragathi Grameena Bank | www.apgb.in |
| 4 | Arunachal Pradesh Rural Bank | www.apruralbank.com |
| 5 | Aryavart Bank | www.aryavart-rrb.com |
| 6 | Bangiya Gramin Vikash Bank | bgvb.in |
| 7 | Baroda Gujarat Gramin Bank | www.bggb.in |
| 8 | Baroda Rajasthan Kshetriya Gramin Bank | www.brkgb.com |
| 9 | Baroda UP Bank | www.barodagraminbank.com |
| 10 | Chaitanya Godavari GB | www.cggb.in |
| 11 | Chhattisgarh Rajya Gramin Bank | www.cgbank.in |
| 12 | Dakshin Bihar Gramin Bank | www.dbgb.in |
| 13 | Ellaquai Dehati Bank | www.edb.org.in |
| 14 | Himachal Pradesh Gramin Bank | www.hpgb.in |
| 15 | J&K Grameen Bank | www.jkgb.in |
| 16 | Jharkhand Rajya Gramin Bank | www.jrgb.in |
| 17 | Karnataka Gramin Bank | www.karnatakagraminbank.com |
| 18 | Karnataka Vikas Gramin Bank | www.kvgbank.com |
| 19 | Kerala Gramin Bank | www.keralagbank.com |
| 20 | Madhya Pradesh Gramin Bank | www.mpgb.co.in |
| 21 | Madhyanchal Gramin Bank | www.mgbank.co.in |
| 22 | Maharashtra Gramin Bank | www.mahagramin.in |
| 23 | Manipur Rural Bank | www.manipurruralbank.com |
| 24 | Meghalaya Rural Bank | www.meghalayaruralbank.co.in |
| 25 | Mizoram Rural Bank | www.mizoramruralbank.in |
| 26 | Nagaland Rural Bank | www.nagalandruralbank.com |
| 27 | Odisha Gramya Bank | www.odishabank.in |
| 28 | Paschim Banga Gramin Bank | www.pbgbank.com |
| 29 | Prathama U.P. Gramin Bank | www.prathamaupbank.com |
| 30 | Puduvai Bharathiar Grama Bank | www.puduvaibharathiargramabank.in |
| 31 | Punjab Gramin Bank | www.pgb.org.in |
| 32 | Rajasthan Marudhara Gramin Bank | www.rmgb.in |
| 33 | Saptagiri Grameena Bank | www.saptagirigrameenabank.in |
| 34 | Sarva Haryana Gramin Bank | www.shgb.co.in |
| 35 | Saurashtra Gramin Bank | sgbrrb.org |
| 36 | Tamil Nadu Grama Bank | www.tamilnadugramabank.com |
| 37 | Telangana Grameena Bank | www.tgbhyd.in |
| 38 | Tripura Gramin Bank | www.tripuragraminbank.org |
| 39 | Uttar Bihar Gramin Bank | www.ubgb.in |
| 40 | Utkal Grameen Bank | www.ubgb.in |
| 41 | Uttarbanga Kshetriya Gramin Bank | www.ubkgb.org |
| 42 | Vidharbha Konkan Gramin Bank | www.vkgb.co.in |
| 43 | Uttarakhand Gramin Bank | www.uttarakhandgraminbank.com |
List of foreign banks having banking presence in India
The Indian banking sector is becoming increasingly internationalized, and foreign banks are playing an important role in the development of the Indian economy.
Following are the list of total 44 foreign banks having banking presence in India:
| SL. No. | Name of Foreign Bank |
|---|---|
| 1. | AB Bank Ltd. |
| 2. | American Express Banking Corporation |
| 3. | Australia and New Zealand Banking Group Ltd. |
| 4. | Barclays Bank Plc. |
| 5. | Bank of America |
| 6. | Bank of Bahrain & Kuwait B.S.C. |
| 7. | Bank of Ceylon |
| 8. | Bank of China |
| 9. | Bank of Nova Scotia |
| 10. | BNP Paribas |
| 11. | Citibank N.A. |
| 12. | Cooperatieve Rabobank U.A./ Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. |
| 13. | Credit Agricole Corporate & Investment Bank |
| 14. | Credit Suisse AG |
| 15. | CTBC Bank Co., Ltd. |
| 16. | DBS Bank India Limited |
| 17. | Deutsche Bank A.G. |
| 18. | Doha Bank Q.P.S.C |
| 19. | Emirates NBD Bank PJSC |
| 20. | First Abu Dhabi Bank PJSC |
| 21. | FirstRand Bank Limited |
| 22. | Hong Kong and Shanghai Banking Corporation Limited |
| 23. | Industrial & Commercial Bank of China Ltd. |
| 24. | Industrial Bank of Korea |
| 25. | J.P. Morgan Chase Bank N.A. |
| 26. | JSC VTB Bank |
| 27. | KEB Hana Bank |
| 28. | Kookmin Bank |
| 29. | Krung Thai Bank Public Co. Ltd. $ |
| 30. | Mashreq bank PSC |
| 31. | Mizuho Bank Ltd. |
| 32. | MUFG Bank, Ltd. |
| 33. | NatWest Markets Plc |
| 34. | PT Bank Maybank Indonesia TBK |
| 35. | Qatar National Bank (Q.P.S.C.) |
| 36. | Sberbank |
| 37. | SBM Bank (India) Limited |
| 38. | Shinhan Bank |
| 39. | Societe Generale India |
| 40. | Sonali Bank Ltd. % |
| 41. | Standard Chartered Bank |
| 42. | Sumitomo Mitsui Banking Corporation |
| 43. | United Overseas Bank Limited |
| 44. | Woori Bank |