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List of banks in India

Public-sector banksEdit

  • In April 2019, Vijaya Bank and Dena Bank were merged with Bank of Baroda.[1]
  • On 30 August 2019, Union Finance Minister Nirmala Sitaraman announced merger of six public sector banks (PSBs) 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.[2][3] This new amalgamation will be effective from 1 April 2020.[4]
Anchor Bank Merger Banks Total Assets Revenues Established Headquarter Branches Refs
Bank of Baroda 16,130 billion (US$230 billion) 422 billion (US$6.1 billion) 1908 Vadodara, Gujarat 9,583 [1][5]
Bank of India 9,030 billion (US$130 billion) 418 billion (US$6.0 billion) 1906 Mumbai, Maharashtra 5,000 [6]
Bank of Maharashtra 2,340 billion (US$34 billion) 130.53 billion (US$1.9 billion) 1935 Pune, Maharashtra 1,897
Canara Bank 15,203 billion (US$220 billion) 558.30 billion (US$8.1 billion) 1906 Bengaluru, Karnataka 10,342 [7]
Central Bank of India 4,680 billion (US$68 billion) 259 billion (US$3.7 billion) 1911 Mumbai, Maharashtra 4,666
Indian Bank 8,080 billion (US$120 billion) 405.74 billion (US$5.9 billion) 1907 Chennai, Tamil Nadu 6,104 [7]
Indian Overseas Bank 3,750 billion (US$54 billion) 235.2 billion (US$3.4 billion) 1937 Chennai, Tamil Nadu 3,400
Punjab and Sind Bank 1,710 billion (US$25 billion) 87.44 billion (US$1.3 billion) 1908 New Delhi, Delhi 1,554
Punjab National Bank 17,940 billion (US$260 billion) 774.22 billion (US$11 billion) 1894 New Delhi, Delhi 11,437 [7]
State Bank of India 52,050 billion (US$750 billion) 2,110.00 billion (US$31 billion) 1955 Mumbai, Maharashtra 24,000 [8]
UCO Bank 3,170 billion (US$46 billion) 185.61 billion (US$2.7 billion) 1943 Kolkata, West Bengal 4,000
Union Bank of India 14,594 billion (US$210 billion) 696.39 billion (US$10 billion) 1919 Mumbai, Maharashtra 9,609 [7]

Private-sector banksEdit

Bank Name Established Headquarter Branches Revenues Total Assets Ref
Axis Bank 1993 Mumbai, Maharashtra 4094 414.093 billion (US$6.0 billion) 10,600 billion (US$150 billion)
Bandhan Bank 2015 Kolkata, West Bengal 1000 43.20 billion (US$620 million) 302.36 billion (US$4.4 billion)
Catholic Syrian Bank 1920 Thrissur, Kerala 426 16.17 billion (US$230 million) 162.2324 billion (US$2.3 billion)
City Union Bank 1904 Thanjavur, Tamil Nadu 600 29.4421 billion (US$430 million) 352.71 billion (US$5.1 billion)
DCB Bank 1930 Mumbai, Maharashtra 323 20.76 billion (US$300 million) 240.46 billion (US$3.5 billion)
Dhanlaxmi Bank 1927 Thrissur, Kerala 269 11.16 billion (US$160 million) 122.86 billion (US$1.8 billion)
Federal Bank 1931 Aluva, Kerala 1,252 97.5920 billion (US$1.4 billion) 1,149.8 billion (US$17 billion)
HDFC Bank 1994 Mumbai, Maharashtra 4,787 816.02 billion (US$12 billion) 8,638 billion (US$120 billion)
ICICI Bank 1994 Mumbai, Maharashtra 4,882 736.60 billion (US$11 billion) 12,720 billion (US$180 billion) [9]
IDBI Bank 1964 Mumbai, Maharashtra 1892
IDFC First Bank 2015 Mumbai, Maharashtra 301 85.327 billion (US$1.2 billion) 1,121.6 billion (US$16 billion)
IndusInd Bank 1994 Mumbai, Maharashtra 1,004 185.77 billion (US$2.7 billion) 1,786 billion (US$26 billion)
Jammu & Kashmir Bank 1938 Srinagar, Jammu and Kashmir 958 71.66 billion (US$1.0 billion) 820.18 billion (US$12 billion)
Karnataka Bank 1924 Mangaluru, Karnataka 835 51.85 billion (US$750 million) 641.26 billion (US$9.3 billion)
Karur Vysya Bank 1916 Karur, Tamil Nadu 668 54.43 billion (US$790 million) 576.63 billion (US$8.3 billion)
Kotak Mahindra Bank 2003 Mumbai, Maharashtra 1,369 211.76 billion (US$3.1 billion) 2,146 billion (US$31 billion)
Lakshmi Vilas Bank 1926 Chennai, Tamil Nadu 570[10] 25.68 billion (US$370 million) 287.32 billion (US$4.2 billion)
Nainital Bank 1922 Nainital, Uttarakhand 135 6.12 billion (US$89 million) 7.7 billion (US$110 million)
RBL Bank 1943 Mumbai, Maharashtra 342 44.68 billion (US$650 million) 486.74 billion (US$7.0 billion)
South Indian Bank 1929 Thrissur, Kerala 852 65.62 billion (US$950 million) 743.12 billion (US$11 billion)
Tamilnad Mercantile Bank Limited 1921 Thoothukudi, Tamil Nadu 509 38.11 billion (US$550 million) 322.4 billion (US$4.7 billion)
Yes Bank 2004 Mumbai, Maharashtra 1,050 205.81 billion (US$3.0 billion) 2,150 billion (US$31 billion)

Local area banksEdit

  • Coastal Local Area Bank Limited
  • Krishna Bhima Samruddhi Local Area Bank Limited
  • Subhadra Local Area Bank Limited

Small finance banksEdit

  • AU Small Finance Bank
  • Capital Small Finance Bank
  • Equitas Small Finance Bank
  • ESAF Small Finance Ban
  • Fincare Small Finance Bank
  • Jana Small Finance Bank
  • North East Small Finance Bank
  • Suryoday Small Finance Bank
  • Ujjivan Small Finance Bank
  • Utkarsh Small Finance Bank

Payments banksEdit

Foreign banksEdit

Foreign banks with branchesEdit

List of banks which are incorporated outside India and are operating branches in India:

Foreign banks with representative officesEdit

List of foreign banks with representative offices in India:

Regional Rural Banks (RRBs)Edit

List of Regional Rural Banks (RRBs):At present there are 45 RRBs in India-

Cooperative banksEdit

State Co-operative Banks (SCBs)Edit

List of State Co-operative Banks:

  • Andaman and Nicobar State Co-operative Bank
  • Andhra Pradesh State Co-operative Bank
  • Arunachal Pradesh State Co-operative Apex Bank
  • Assam Co-operative Apex Bank
  • Bihar State Co-operative Bank
  • Chandigarh State Co-operative Bank
  • Chhattisgarh Rajya Sahakari Bank Maryadit
  • Delhi State Co-operative Bank
  • Goa State Co-operative Bank ltd
  • Gujarat State Co-operative Bank
  • Haryana State Co-operative Apex Bank
  • Himachal Pradesh State Co-operative Bank
  • Jammu and Kashmir State Co-operative Bank
  • Jharkhand State Co-operative Bank
  • Karnataka State Co-operative Apex Bank Bangalore
  • Kerala State Co-operative Bank
  • Madhya Pradesh Rajya Sahakari Bank Maryadit
  • Maharashtra State Co-operative Bank
  • Manipur State Co-operative Bank
  • Meghalaya Co-operative Apex Bank
  • Mizoram Co-operative Apex Bank
  • Nagaland State Co-operative Bank
  • Orissa State Co-Operative Bank
  • Pondichery State Co-operative Bank
  • Punjab State Co-operative Bank
  • Rajasthan State Co-operative Bank
  • Sikkim State Co-operative Bank
  • The Tamil Nadu State Apex Co-operative Bank
  • Telangana State Co-Operative Apex Bank Limited
  • Tripura State Co-operative Bank
  • Uttar Pradesh Co-operative Bank
  • Uttarakhand State Co-operative Bank
  • West Bengal State Co-operative Bank

Urban Co-operative Banks (UCBs)Edit

List of scheduled Urban Co-operative Banks:

  • Ahmedabad Mercantile Co-Op Bank Ltd
  • Kalupur Commercial Co-Op Bank Ltd
  • Mehsana Urban Co-Op Bank Ltd
  • Nutan Nagarik Sahakari Bank Ltd
  • Rajkot Nagrik Sahakari Bank Ltd
  • Sardar Bhiladwala Pardi People's Co-Op. Bank Ltd
  • Surat Peoples Coop Bank Ltd
  • Abhyudaya Co-operative Bank Ltd
  • Amanath Co-operative Bank Ltd Bangalore
  • Andhra Pradesh Mahesh Co-Op Urban Bank Ltd
  • Apna Sahakari Bank Ltd
  • Bassein Catholic Co-operative Bank Ltd
  • Bharat Co-operative Bank (Mumbai) Ltd
  • Bharati Sahakari Bank Limited.
  • Bombay Mercantile Co-operative Bank Limited MUMBAI
  • Citizen Credit Co-operative Bank Ltd. Mumbai
  • Cosmos Bank
  • Dombivli Nagari Sahakari Bank Ltd.
  • Goa Urban Co-operative Bank Limited
  • Gopinath Patil Parsik Janata Sahakari Bank Ltd
  • Greater Bombay Co-operative Bank Limited MUMBAI
  • GS Mahanagar Co-operative Bank Ltd. Mumbai
  • Indian Mercantile Co-operative Bank Ltd
  • Jalgaon Janata Sahakari Bank Ltd.
  • Jalgaon People's Co-operative Bank Ltd.
  • Janakalyan Sahakari Bank Ltd Mumbai
  • Janalaxmi Co-operative Bank Ltd. Nashik
  • Janata Sahakari Bank Ltd. Pune
  • Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd
  • Kalyan Janata Sahakari Bank Ltd
  • Kapol Co-operative Bank Ltd., Mumbai
  • Karad Urban Co-operative Bank Ltd.
  • Mapusa Urban Co-operative Bank of Goa Ltd
  • Nagar Urban Co-operative Bank Ltd., Ahmednagar
  • Nagpur Nagrik Sahakari Bank Ltd
  • Nasik Merchant's Co-operative Bank Ltd.
  • New India Co-operative Bank Ltd. Mumbai
  • NKGSB Co-operative Bank Ltd. Mumbai
  • Pravara Sahakari Bank Ltd.
  • Punjab & Maharashtra Co-operative Bank Ltd
  • Rajarambapu Sahakari Bank Ltd
  • Rupee Co-operative Bank Ltd Pune
  • Sangli Urban Co-operative Bank Ltd
  • Saraswat Bank
  • Shamrao Vithal Co-operative Bank
  • Shikshak Sahakari Bank Ltd. Nagpur
  • Solapur Janata Sahakari Bank Ltd
  • Thane Bharat Sahakari Bank Ltd
  • TJSB Sahakari Bank
  • The Akola Janata Commercial Co-operative Bank Ltd. Akola
  • The Akola Urban Co-operative Bank Ltd. Akola
  • The Khamgaon Urban Co-operative Bank Ltd
  • Vasai Vikas Sahakari Bank Ltd.
  • Zoroastrian Co-operative Bank Ltd Mumbai

See alsoEdit

ReferencesEdit

  1. ^ a b "Dena Bank, Vijaya Bank merges with Bank of Baroda". Livemint. 1 April 2019.
  2. ^ "Modi govt's mega bank merger drive: Now there will be only 12 PSU banks". India Today. 30 August 2019.
  3. ^ "Big bank mergers: Government turns ten PSBs into four". Economic Times. 30 August 2019.
  4. ^ "Merged entity of UBI, PNB, OBC to become operational from 1 April next year". Livemint. 30 August 2019.
  5. ^ "Offices & Branches". Bank of Baroda. Retrieved 16 March 2019.
  6. ^ India, Press Trust of (1 November 2019). "Bank of India posts Rs 266 crore profit in Q2, eyes 10% growth in FY20". Business Standard India. Retrieved 22 November 2019.
  7. ^ a b c d "PNB to be 2nd largest PSB post merger, Canara fourth, UBI fifth, Allahabad 7th". Economic Times. Retrieved 16 March 2019.
  8. ^ "Five associate banks, BMB merge with SBI". The Hindu. Retrieved 16 March 2019.
  9. ^ "ICICI Bank- About Us". ICICI Bank.
  10. ^ https://www.lvbank.com/Branch-Locator.aspx