Banks in India are managed by the apex bank of India which is the Reserve Bank of India (RBI). The Indian Banks have been classified into four major categories as given below:
- Commercial Banks
- Small Finance Banks
- Payments Banks
- Co-operative Banks
The list of banks in India 2021 plays a major role if you will be appearing for any bank or other government exam. We have shared the list of banks in India, the list of commercial and public sector banks in India, their headquarters.
Types of Banks in India
The list of banks in India has been divided into two groups: Scheduled Banks and Non-Scheduled Banks. Scheduled banks are included in the second schedule of the RBI Act, 1934. Commercial banks in India are of four types:
- Public Sector
- Private Sector
- Foreign Banks
- Regional Rural Banks.
India has a total of 12 public sector banks while 21 private banks.
The list of banks in India forms a major part in the general knowledge and general awareness section of many govt. Exams. Hence, it is important for any govt. job aspirants to get enlightened in this section in order to increase their marks in competitive exams.
List of Public Sector Banks in India
Nirmala Sitaraman, the Union Finance Minister of India announced the merger of 10 public sector banks (PSBs) with four better-performing anchor banks on 30th August 2019. Hence, with effect from 1st April 2020, India has 12 Public Sector banks. On the other hand, there are 21 Commercial banks in India.
Bank Name | Merged Banks | Establishment | Headquarter |
Bank of Baroda |
| 1908 | Vadodara, Gujarat |
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 Bank |
| 1907 | Chennai, Tamil Nadu |
Indian Overseas Bank |
| 1937 | Chennai, Tamil Nadu |
Punjab and Sind Bank |
| 1908 | New Delhi, Delhi |
Punjab National Bank |
| 1894 | New Delhi, Delhi |
State Bank of India |
| 1955 | Mumbai, Maharashtra |
UCO Bank |
| 1943 | Kolkata, West Bengal |
Union Bank of India |
| 1919 | Mumbai, Maharashtra |
List of Private Sector Banks in India
India has a total of 21 private or commercial banks as of November 2020. Lakshmi Vilas Bank was an Indian private sector bank established in 1926 in Karur, Tamil Nadu. On 27 November 2020, the bank was merged into the Indian subsidiary of DBS Bank.
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 (Formerly Development Credit Bank) | 1930 | Mumbai, Maharashtra |
Dhanlaxmi Bank | 1927 | Thrissur, Kerala |
Federal Bank | 1931 | Aluva, Kerala |
HDFC Bank | 1994 | Mumbai, Maharashtra |
ICICI Bank | 1994 | Mumbai, Maharashtra |
IndusInd Bank | 1994 | Mumbai, Maharashtra |
IDFC FIRST Bank | 2015 | Mumbai, Maharashtra |
Jammu & Kashmir Bank | 1938 | Srinagar, Jammu and Kashmir |
Karnataka Bank | 1924 | Mangaluru, Karnataka |
Karur Vysya Bank | 1916 | Karur, Tamil Nadu |
Kotak Mahindra Bank | 2003 | Mumbai, Maharashtra |
Nainital bank | 1922 | Nainital, Uttarakhand |
RBL Bank | 1943 | Mumbai, Maharashtra |
South Indian Bank | 1929 | Thrissur, Kerala |
Tamilnad Mercantile Bank | 1921 | Thoothukudi, Tamil Nadu |
YES Bank | 2004 | Mumbai, Maharashtra |
IDBI Bank | 1964 | Mumbai, Maharashtra |
List of Regional Rural Banks (RRBs) in India
RRBs are those types of commercial banks in India that provide credit facilities to the agriculture and rural sector of the country. RRBs are located in every state of the country. At present, there are 56 RRBs in India. Each RRB is sponsored by a public sector bank.
Here is the list of RRBs in India as per their location in every state.
State | Name of RRB | Sponsor Bank | Head Office |
Andhra Pradesh | Andhra Pragathi Grameena Bank | Syndicate Bank | Kadapa |
Chaitanya Godavari Grameena Bank | Andhra Bank | Guntur | |
Andhra Pradesh Grameena Vikas Bank | State Bank of India | Kadapa | |
Saptagiri Grameena Bank | Indian Bank | Chittor | |
Arunachal Pradesh | Arunachal Pradesh Rural Bank | State Bank of India | Naharlagun |
Assam | Assam Gramin Vikash Bank | United Bank of India | Guwahati |
Langpi Dehangi Rural Bank | State Bank of India | Diphu | |
Bihar | Uttar Bihar Gramin Bank | Central Bank of India | Muzaffarpur |
Bihar Gramin Bank | UCO Bank | Patna | |
Madhya Bihar Gramin Bank | Punjab National Bank | Patna | |
Chhattisgarh | Chhattisgarh Rajya Gramin Bank | State Bank of India | Raipur |
Gujarat | Baroda Gujarat Gramin Bank | Bank of Baroda | Bharuch |
Dena Gujarat Gramin Bank | Dena Bank | Gandhinagar | |
Saurashtra Gramin Bank | State Bank of India | Rajkot | |
Haryana | Sarva Haryana Gramin Bank | Punjab National Bank | Rohtak |
Himachal Pradesh | Himachal Pradesh Gramin Bank | Punjab National Bank | Mandi |
Jammu and Kashmir | Ellaquai Dehati Bank | State Bank of India | Srinagar |
J&K Grameen Bank | J&K Bank Ltd. | Jammu | |
Jharkhand | Vananchal Gramin Bank | State Bank of India | Ranchi |
Jharkhand Gramin Bank | Bank of India | Ranchi | |
Karnataka | Pragathi Krishna Gramin Bank | Canara Bank | Ballari |
Kaveri Gramin Bank | State Bank of India | Mysuru | |
Karnataka Vikas Grameena Bank | Syndicate Bank | Dharwad | |
Kerala | Kerala Gramin Bank | Canara Bank | Mallapuram |
Madhya Pradesh | Narmada Jhabua Gramin Bank | Bank of India | Indore |
Central Madhya Pradesh Gramin Bank | Central Bank of India | Indore | |
Madhyanchal Gramin Bank | State Bank of India | Sagar | |
Maharashtra | Vidarbha Konkan Gramin Bank | Bank of India | Nagpur |
Maharashtra Gramin Bank | Bank of Maharashtra | Aurangabad | |
Manipur | Manipur Rural Bank | United Bank of India | Imphal |
Meghalaya | Meghalaya Rural Bank | State Bank of India | Shillong |
Mizoram | Mizoram Rural Bank | State Bank of India | Aizawl |
Nagaland | Nagaland Rural Bank | State Bank of India | Kohima |
Odisha | Odisha Gramya Bank | Indian Overseas Bank | Bhubaneshwar |
Utkal Grameen Bank | State Bank of India | Bolangir | |
Puducherry | Puduvai Bharathiar Grama Bank | Indian Bank | Puducherry |
Punjab | Punjab Gramin Bank | Punjab National Bank | Kapurthala |
Malwa Gramin Bank | State Bank of India | Sangrur | |
Sutlej Gramin Bank |
| Bhatinda | |
Rajasthan | Baroda Rajasthan Kshetriya Gramin Bank | Bank of Baroda | Ajmer |
Rajasthan Marudhara Gramin Bank | State Bank of India | Jodhpur | |
Tamil Nadu | Pallavan Grama Bank | Indian Bank | Salem |
Pandyan Grama Bank | Indian Overseas Bank | Virudhunagar | |
Telangana | Telangana Grameena Bank | State Bank of India | Hyderabad |
Tripura | Tripura Gramin Bank | United Bank of India | Agartala |
Uttar Pradesh | Gramin Bank of Aryavart | Bank of India | Lucknow |
Allahabad UP Gramin Bank | Allahabad Bank | Banda | |
Baroda Uttar Pradesh Gramin Bank | Bank of Baroda | Raebareli | |
Kashi Gomti Samyut Gramin Bank | Union Bank of India | Varanasi | |
Sarva UP Gramin Bank | Punjab National Bank | Meerut | |
Prathama UP Gramin Bank | Syndicate Bank | Moradabad | |
Purvanchal Bank | State Bank of India | Gorakhpur | |
Uttarakhand | Uttarakhand Gramin Bank | State Bank of India | Dehradun |
West Bengal | Bangiya Gramin Vikash Bank | United Bank of India | Murshidabad |
Paschim Banga Gramin Bank | UCO Bank | Howrah | |
Uttarbanga Kshetriya Gramin Bank | Central Bank of India | Coochbehar |
List of Foreign Banks in India
The list of foreign banks in India comprises those banks’ who have their headquarters in foreign countries and their branches in our country. At present, there are 45 foreign banks in India. The foreign banks are governed by the regulations of the RBI.
Sl.No | Foreign Sector Bank | Bank Website |
1 | AB Bank Limited | |
2 | Abu Dhabi Commercial Bank Ltd. | |
3 | American Express Banking Corp. (AEBC) | americanexpress. com/india/homepage shtml |
4 | ANZ Banking Group Ltd. | |
5 | Bank of America N.A. | |
6 | Bank of Bahrain & Kuwait BSC | |
7 | Barclays Bank Plc | |
8 | BNP PARIBAS | |
9 | Citibank N.A. | citibank.co.in |
10 | Cooperatieve Rabobank U.A | |
11 | Credit Agricole Corporate And Investment Bank | ca-cib.com |
12 | Credit Suisse AG | credit-sussie com/in /on/investment-banking |
13 | CTBC Bank Co Ltd | NA |
14 | DBS Bank India Ltd | |
15 | Deutsche Bank AG | db.com |
16 | Doha Bank | dohabank.co.in |
17 | Emirates NBD Bank (P.J.S.C) | emiratesnbd.co.in |
18 | First Abu Dhabi Bank PJSC | |
19 | FirstRand Bank Ltd | firstrand.co.za |
20 | Industrial and Commercial Bank of China Ltd. (ICBC) | |
21 | Industrial Bank Of Korea | NA |
22 | J P Morgan Chase Bank, N.A. | |
23 | JSC VTB Bank | |
24 | KEB Hana Bank | NA |
25 | Kookmin Bank | |
26 | Krung Thai Bank Public Company LTD | ktb.co.th/th/content/others/foreign-location-detail |
27 | Mashreqbank psc | |
28 | Mizuho Bank Ltd. | mizuhocbk.co.jp/english |
29 | MUFG Bank Ltd | mufg.jp/english |
30 | National Australia Bank (NAB) | nabindia/en/home |
31 | PT Bank Maybank Indonesia TbK | NA |
32 | Qatar National Bank Q P S C. | qnb. com |
33 | Sberbank | NA |
34 | SBM Bank (India) Ltd. | sbmgroup.mu |
35 | Shinhan Bank | |
36 | Societe Generale | |
37 | Sonali Bank Ltd. | |
38 | Standard Chartered Bank | |
39 | Sumitomo Mitsui Banking Corporation | NA |
40 | The Bank of Nova Scotia | |
41 | The Hongkong & Shanghai Banking Corporation Ltd. | hsbc.co.in |
42 | The Royal Bank of Scotland N V | |
43 | United Overseas Bank Limited | |
44 | Westpac Banking Corporation | NA |
45 | Woori Bank |
List of Small Finance Banks in India
The small finance banks are aimed at furthering financial inclusion to the small business units, small and marginal farmers, micro and small industries, and unorganized entities. At present, there are 10 small finance banks in India. Here is the list of the small finance banks in India.
Bank Name | Established | Headquarters |
Ujjivan Small Finance Bank | 2017 | Bangalore |
Jana Small Finance Bank | 2018 | Bangalore |
Equitas Small Finance Bank | 2016 | Chennai |
AU Small Finance Bank | 2017 | Jaipur |
Capital Small Finance Bank | 2016 | Jalandhar |
Fincare Small Finance Bank | 2017 | Bangalore |
ESAF Small Finance Bank | 2017 | Thrissur |
North East Small Finance Bank | 2017 | Guwahati |
Suryoday Small Finance Bank | 2017 | Navi Mumbai |
Utkarsh Small Finance Bank | 2017 | Varanasi |
List of Payments Banks in India
The payments banks in India have been recently conceptualized by the RBI. One can deposit upto Rs. 1,00,000/-, offer remittance services, mobile payments/transfers/purchases and other banking services like ATM/debit cards, net banking and third-party fund transfers. Its functions are similar to any other bank, but without involving any credit risk.
There are 6 payments banks in India that have been given below.
Bank Name | Established | Headquarters |
Airtel Payments Bank | 2017 | New Delhi, Delhi |
India Post Payments Bank | 2018 | New Delhi, Delhi |
Paytm Payments Bank | 2017 | Noida, Uttar Pradesh |
Jio Payments Bank | 2018 | Mumbai, Maharashtra |
Fino Payments Bank | 2017 | Mumbai, Maharashtra |
NSDL Payments Bank | 2018 | Mumbai, Maharashtra |
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