List of banks in India

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Template:Short description Template:Use dmy dates Template:Use Indian English This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934.[1][2]

As of 1st May 2025, India's commercial banking sector consist of 12 Public Sector Banks (PSBs), 28 Regional Rural Banks (RRBs), 21 Private Sector banks (PVBs), 44 Foreign Banks (FBs), 11 SFBs, 5 PBs, and 2 LABs, 4 Financial Institutions. Out of these 128 commercial banks, 124 are classified as scheduled banks, while four are non-scheduled.

Commercials banks

Public Sector Banks (PSBs)

Script error: No such module "Labelled list hatnote". There are 12 public sector banks in India as of 1st April 2025.[3]

Anchor bank Established Headquarters Government
shareholding		 Branches (Domestic) Total assets Revenues Refs
Bank of Baroda 1908 Vadodara, Gujarat 63.97% 8,425 Script error: No such module "sort". Script error: No such module "sort". [4][5][6]
Bank of India 1906 Mumbai, Maharashtra 73.38% 5,306 Script error: No such module "sort". Script error: No such module "sort". [7][8]
Bank of Maharashtra 1935 Pune, Maharashtra 79.60% 2,606 Script error: No such module "sort". Script error: No such module "sort". [9]
Canara Bank 1906 Bengaluru, Karnataka 62.93% 9,850 Script error: No such module "sort". Script error: No such module "sort". [10][11][12]
Central Bank of India 1911 Mumbai, Maharashtra 93.08% 4,545 Script error: No such module "sort". Script error: No such module "sort". [13]
Indian Bank 1907 Chennai, Tamil Nadu 73.84% 5,901 Script error: No such module "sort". Script error: No such module "sort". [14][15]
Indian Overseas Bank 1937 Chennai, Tamil Nadu 96.38% 3,335 Script error: No such module "sort". Script error: No such module "sort". [14][15]
Punjab and Sind Bank 1908 New Delhi, NCT of Delhi 98.25% 1,610 Script error: No such module "sort". Script error: No such module "sort". [16]
Punjab National Bank 1894 Dwarka, NCT of Delhi 70.08% 10,189 Script error: No such module "sort". Script error: No such module "sort". [10][17]
State Bank of India 1955 Mumbai, Maharashtra 57.43% 22,937 Script error: No such module "sort". Script error: No such module "sort". [18][19][20]
UCO Bank 1943 Kolkata, West Bengal 95.39% 3,302 Script error: No such module "sort". Script error: No such module "sort". [21][22]
Union Bank of India 1919 Mumbai, Maharashtra 74.76% 8,621 Script error: No such module "sort". Script error: No such module "sort". [10][23]

Private Sector Banks

Private sector banks are banks where the majority of the bank's equity is owned by a private company or a group of individuals. They comply with the central bank guidelines yet have a unique financial system.

There are 21 private banks in India as of 1st April 2025.

Bank name Established Headquarters Branches Total assets Revenues Refs
Axis Bank 1993 Mumbai, Maharashtra 5,876 Script error: No such module "sort". Script error: No such module "sort". [24]
Bandhan Bank 2015 Kolkata, West Bengal 1,715 Script error: No such module "sort". Script error: No such module "sort". [25]
CSB Bank 1920 Thrissur, Kerala 829 Script error: No such module "sort". Script error: No such module "sort". [26]
City Union Bank 1904 Kumbakonam, Tamil Nadu 875 Script error: No such module "sort". Script error: No such module "sort". [27][28]
DCB Bank 1930 Mumbai, Maharashtra 464 Script error: No such module "sort". Script error: No such module "sort". [29]
Dhanlaxmi Bank 1927 Thrissur, Kerala 261 Script error: No such module "sort". Script error: No such module "sort". [30]
Federal Bank 1931 Kochi, Kerala 1,589 Script error: No such module "sort". Script error: No such module "sort". [31]
HDFC Bank 1994 Mumbai, Maharashtra 9,455 Script error: No such module "sort". Script error: No such module "sort". [32][33]
ICICI Bank 1994 Mumbai, Maharashtra 6,983 Script error: No such module "sort". Script error: No such module "sort". [34][35][36]
IDBI Bank 1964 Mumbai, Maharashtra 2,104 Script error: No such module "sort". Script error: No such module "sort". [37][38]
IDFC First Bank 2015 Mumbai, Maharashtra 1002 Script error: No such module "sort". Script error: No such module "sort". [39]
IndusInd Bank 1994 Mumbai, Maharashtra 3,081 Script error: No such module "sort". Script error: No such module "sort". [40]
Jammu & Kashmir Bank 1938 Srinagar, Jammu and Kashmir 1,019 Script error: No such module "sort". Script error: No such module "sort". [41]
Karnataka Bank 1924 Mangaluru, Karnataka 952 Script error: No such module "sort". Script error: No such module "sort". [42]
Karur Vysya Bank 1916 Karur, Tamil Nadu 888 Script error: No such module "sort". Script error: No such module "sort". [43]
Kotak Mahindra Bank 2003 Mumbai, Maharashtra 2148 Script error: No such module "sort". Script error: No such module "sort". [44]
Nainital Bank 1922 Nainital, Uttarakhand 173 Script error: No such module "sort". Script error: No such module "sort". [45]
RBL Bank 1943 Mumbai, Maharashtra 561 Script error: No such module "sort". Script error: No such module "sort". [46]
South Indian Bank 1929 Thrissur, Kerala 948 Script error: No such module "sort". Script error: No such module "sort". [47]
Tamilnad Mercantile Bank 1921 Thoothukkudi, Tamil Nadu 578 Script error: No such module "sort". Script error: No such module "sort". [48]
Yes Bank 2004 Mumbai, Maharashtra 1,255 Script error: No such module "sort". Script error: No such module "sort". [49][50]

Regional Rural Banks (RRBs)

Script error: No such module "Labelled list hatnote". There are 28 regional rural banks in India as of 1st May 2025.

State Bank name Established Headquarters Branches Sponsor bank Refs
Andhra Pradesh Andhra Pradesh Grameena Bank 2025 Guntur, Andhra Pradesh 1,351 Union Bank of India [51]
Arunachal Pradesh Arunachal Pradesh Rural Bank 1983 Itanagar, Arunachal Pradesh 30 State Bank of India [52]
Assam Assam Gramin Vikash Bank 2006 Guwahati, Assam 472 Punjab National Bank
Bihar Bihar Gramin Bank 2025 Patna, India 2,117 Punjab National Bank
Chhattisgarh Chhattisgarh Rajya Gramin Bank 2013 Raipur, Chhattisgarh 614 State Bank of India [53]
Gujarat Gujarat Gramin Bank 2025 Vadodara, Gujarat 740 Bank of Baroda [54]
Haryana Sarva Haryana Gramin Bank 2013 Rohtak, Haryana 542 Punjab National Bank [55]
Himachal Pradesh Himachal Pradesh Gramin Bank 2013 Mandi, Himachal Pradesh 265 Punjab National Bank [56]
Jammu And Kashmir Jammu and Kashmir Grameen Bank 2025 Jammu, Jammu and Kashmir 333 Jammu & Kashmir Bank
Jharkhand Jharkhand Rajya Gramin Bank 2019 Ranchi, Jharkhand 443 State Bank Of India
Karnataka Karnataka Grameena Bank 2025 Ballari, Karnataka 1,751 Canara Bank
Kerala Kerala Gramin Bank 2013 Malappuram, Kerala 634 Canara Bank [57]
Madhya Pradesh Madhya Pradesh Gramin Bank 2025 Indore, Madhya Pradesh 1,320 Bank of India
Maharashtra Maharashtra Gramin Bank 2025 Chhatrapati Sambhajinagar, Maharashtra 709 Bank of Maharashtra
Manipur Manipur Rural Bank 1981 Imphal, Manipur 28 Punjab National Bank
Meghalaya Meghalaya Rural Bank 1981 Shillong, Meghalaya 87 State Bank of India [58]
Mizoram Mizoram Rural Bank 1983 Aizawl, Mizoram 85 State Bank of India
Nagaland Nagaland Rural Bank 1983 Kohima, Nagaland 10 State Bank of India
Odisha Odisha Gramin Bank 2025 Bhubaneswar, India 991 Indian Overseas Bank
Puducherry Puduvai Bharathiar Grama Bank 2008 Pondicherry, Puducherry 43 Indian Bank
Punjab Punjab Gramin Bank 2019 Kapurthala, Punjab 419 Punjab National Bank
Rajasthan Rajasthan Gramin Bank 2025 Jaipur, Rajasthan 1,548 State Bank of India
Tamil Nadu Tamil Nadu Grama Bank 2019 Salem, Tamil Nadu 675 Indian Bank
Telangana Telangana Grameena Bank 2025 Hyderabad, Telangana 934 State Bank of India [59]
Tripura Tripura Gramin Bank 1976 Agartala, India 142 Punjab National Bank
Uttar Pradesh Uttar Pradesh Gramin Bank 2025 Lucknow, Uttar Pradesh 4,353 Bank of Baroda
Uttarakhand Uttarakhand Gramin Bank 2012 Dehradun, Uttarakhand 286 State Bank of India [60]
West Bengal West Bengal Gramin Bank 2025 Kolkata, West Bengal 960 Punjab National Bank

Co-operative banks

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State Co-operative Banks (SCBs)

There are 34 state co-operative banks in India.

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District Central Co-operative Banks

There are a total of 352 district Central Co-operative in India.

Co-operative Banks - Scheduled Urban Cooperative Banks

There are 49 Co-operative Banks - Scheduled Urban Cooperative Banks in India as of 25 September 2024.

Co-operative Banks- Non-Scheduled Urban Cooperative Banks

There are 1420 Non-Scheduled Urban Co-operative Banks in India as of 25 September 2024.

Foreign Banks

Foreign banks in India as on 1 April 2025 are 44. Branch/WOS/Representative form of presence as per RBI is as follows:[61]

Foreign banks operating as wholly owned subsidiary in India

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Foreign banks with branches in India

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Foreign banks with representative offices

List of notable foreign banks with representative offices in India:

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Local Area Banks

Local Area Banks are non-scheduled banks. They were set up with the twin objectives of providing an institutional mechanism for promoting rural and semi-urban savings and for providing credit for viable economic activities in local areas. They were established as Public Limited Companies in the private sector. They are promoted either by individuals, corporates, trusts or societies. The minimum paid up capital of such banks is Template:INR. The promoter's contribution should be at least Template:INR. Local Area Banks can operate and open branches in a maximum of 3 geographically contiguous districts. They are governed by the provisions of the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949 and other relevant statutes. They are to be registered as Public Limited Companies under the Companies Act 1956. Since they are non-scheduled banks, they cannot borrow funds from the Reserve Bank of India, like other scheduled commercial banks.[62]

As of 1 April 2025 there are 2 Local Area Banks. There names are :[63] Script error: No such module "Template wrapper".Script error: No such module "Check for unknown parameters".

Payments banks

As of 1 April 2025, there are 5 Payment Banks in India.

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Bank name Established Headquarters Branches Revenues Refs
Airtel Payments Bank 2017 New Delhi, Delhi Script error: No such module "sort". [64][65]
India Post Payments Bank 2018 New Delhi, Delhi 650 Branches Script error: No such module "sort". [66]
Jio Payments Bank 2018 Mumbai, Maharashtra Script error: No such module "sort". [67]
Fino Payments Bank 2017 Mumbai, Maharashtra 410 Branches Script error: No such module "sort". [68][69]
NSDL Payments Bank 2018 Mumbai, Maharashtra Template:Indian rupee62 crore ({{INRConvert/Expression error: Unrecognized punctuation character "[".|62|7 year={{{year}}}}}) [70]

Small finance banks

Script error: No such module "Labelled list hatnote". As of 1 April 2025, there are 12 small finance banks in India.

Bank name Established Headquarters Branches Total assets Revenues Refs
AU Small Finance Bank 2017 Jaipur, Rajasthan 630 Script error: No such module "sort". Script error: No such module "sort". [71]
Capital Small Finance Bank 2016 Jalandhar, Punjab 180 [72]
Equitas Small Finance Bank 2016 Chennai, Tamil Nadu 987 Script error: No such module "sort". Script error: No such module "sort". [73]
ESAF Small Finance Bank 2017 Thrissur, Kerala 756 Script error: No such module "sort". Script error: No such module "sort". [74]
Jana Small Finance Bank 2018 Bangalore, Karnataka 640 Script error: No such module "sort". Script error: No such module "sort". [75]
North East Small Finance Bank 2017 Guwahati, Assam 232 [76]
Shivalik Small Finance Bank 2021 Saharanpur, Uttar Pradesh 73 [77]
Suryoday Small Finance Bank 2017 Navi Mumbai, Maharashtra 695 [78]
Ujjivan Small Finance Bank 2017 Bangalore, Karnataka 752 Script error: No such module "sort". Script error: No such module "sort". [79]
Unity Small Finance Bank 2021 Mumbai, Maharashtra 334
Fincare Small Finance Bank 2007Template:Efn Mumbai, Maharashtra [80]
Utkarsh Small Finance Bank 2018 Varanasi, Uttar Pradesh 967 [81]

See also

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Notes

Template:Notelist

References

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  10. ↑ a b c Script error: No such module "citation/CS1".
  11. ↑ Script error: No such module "citation/CS1".
  12. ↑ Script error: No such module "citation/CS1".
  13. ↑ Script error: No such module "citation/CS1".
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  15. ↑ a b Script error: No such module "citation/CS1".
  16. ↑ Script error: No such module "citation/CS1".
  17. ↑ Script error: No such module "citation/CS1".
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  25. ↑ Script error: No such module "citation/CS1".
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  27. ↑ Script error: No such module "citation/CS1".
  28. ↑ Script error: No such module "citation/CS1".
  29. ↑ Script error: No such module "citation/CS1".
  30. ↑ Script error: No such module "citation/CS1".
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  33. ↑ Script error: No such module "citation/CS1".
  34. ↑ Script error: No such module "citation/CS1".
  35. ↑ Script error: No such module "citation/CS1".
  36. ↑ Script error: No such module "citation/CS1".
  37. ↑ Re-categorization of IDBI Bank Ltd. as a Private Sector Bank: https://www.idbibank.in/idbi-bank-history.asp
  38. ↑ Script error: No such module "citation/CS1".
  39. ↑ Script error: No such module "citation/CS1".
  40. ↑ Script error: No such module "citation/CS1".
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  44. ↑ Script error: No such module "citation/CS1".
  45. ↑ Script error: No such module "citation/CS1".
  46. ↑ Script error: No such module "citation/CS1".
  47. ↑ Script error: No such module "citation/CS1".
  48. ↑ Script error: No such module "citation/CS1".
  49. ↑ Script error: No such module "citation/CS1".
  50. ↑ Script error: No such module "citation/CS1".
  51. ↑ Script error: No such module "citation/CS1".
  52. ↑ Script error: No such module "citation/CS1".
  53. ↑ https://economictimes.indiatimes.com/industry/banking/finance/banking/rural-bank-cross-merger-on-cards/articleshow/16637497.cms?from=mdr Script error: No such module "Unsubst".
  54. ↑ Script error: No such module "citation/CS1".
  55. ↑ Script error: No such module "citation/CS1".
  56. ↑ Script error: No such module "citation/CS1".
  57. ↑ Script error: No such module "citation/CS1".
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  59. ↑ Script error: No such module "citation/CS1".
  60. ↑ Script error: No such module "citation/CS1".
  61. ↑ Script error: No such module "citation/CS1".
  62. ↑ Script error: No such module "citation/CS1".
  63. ↑ Script error: No such module "citation/CS1".
  64. ↑ Script error: No such module "citation/CS1".
  65. ↑ Script error: No such module "citation/CS1".
  66. ↑ Script error: No such module "citation/CS1".
  67. ↑ Script error: No such module "citation/CS1".
  68. ↑ Script error: No such module "citation/CS1".
  69. ↑ Script error: No such module "citation/CS1".
  70. ↑ Script error: No such module "citation/CS1".
  71. ↑ Script error: No such module "citation/CS1".
  72. ↑ Script error: No such module "citation/CS1".
  73. ↑ Script error: No such module "citation/CS1".
  74. ↑ Script error: No such module "citation/CS1".
  75. ↑ Script error: No such module "citation/CS1".
  76. ↑ Script error: No such module "citation/CS1".
  77. ↑ Script error: No such module "citation/CS1".
  78. ↑ Script error: No such module "citation/CS1".
  79. ↑ Script error: No such module "citation/CS1".
  80. ↑ Script error: No such module "citation/CS1".
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External links

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