Banks in India – Banks in India List | List of Banks In India 2019

Banks plays important role in maintaining the financial stability of the world. The banking system has been present in the world for several centuries. A bank is an institution that is licensed by the government to deal with the money for financial purposes. With the help of the banking system, we can be able to perform money lending activities. Also, the bank is used for accepting deposits from the citizens and makes credit.

There was the only limited number of banks during earlier times, but over the past few years, the number of banks and their branches are gradually increasing in each and every corner of the world. In this article we have discussed the details about the list of banks we have in India and also mentioned the details on the types of banks we have in our country. Using the list of banks given below you can prepare for the competitive bank exams.

banks in india

Public-Sector Banks

Public sector banks are one of the important types of banks present in India, in which the government will have the majority of the share by holding more than 50% of the shares. For example, the State Bank of India is one of the public sector banks, whereas the government holds 58.6% of the shares. Public sector bank is divided as

  • Nationalized banks
  • State banks and its associates

These are the two types of public sector banks.

 Name of the Bank Headquarters Founded
Allahabad Bank Kolkata 1865
Andhra Bank Kolkata 1923
Bank of Baroda Vadodara 1908
Bank of India Mumbai 1906
Bank of Maharashtra Pune 1935
Canara Bank Bengaluru 1906
Central Bank of India Mumbai 1911
Corporation Bank Mangalore 1906
Dena Bank Mumbai 1938
IDBI Bank Mumbai 1964
Indian Bank Chennai 1907
Indian Overseas Bank Chennai 1937
Oriental Bank of Commerce Gurgaon 1943
Punjab and Sind Bank New Delhi 1908
Punjab National Bank New Delhi 1894
State Bank of India Mumbai 1955
Syndicate Bank Manipal 1925
UCO Bank Kolkata 1943
Union Bank of India Mumbai 1919
United Bank of India Kolkata 1950
Vijaya Bank Bengaluru 1930

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Private-Sector Banks

Unlike the public sector banks, the majority of the shareholders of the private bank are the private, not the government. The bank named Nedungadi is one of the first private sector bank founded in the year of 1899. The private sector banks are divided into old and new banks. In which, old are the banks which are found before the year of 1968 and new are the ones founded after the 1990s. In between the year of 1968 to 1990, none of the private sector banks was created due to all the major banks were nationalized by the government of India and change in the policy destroyed that rule.

Name of the Bank Headquarters Founded
Axis Bank Mumbai 1993
Bandhan Bank Kolkata 2015
Catholic Syrian Bank Thrissur 1920
City Union Bank Thanjavur 1904
DCB Bank Mumbai 1930
Dhanlaxmi Bank Thrissur 1927
Federal Bank Aluva 1931-1949
HDFC Bank Mumbai 1994
ICICI Bank Mumbai 1994
IDFC First Bank Mumbai 2015
IndusInd Bank Mumbai 1994
Jammu & Kashmir Bank Srinagar 1938
Karnataka Bank Mangaluru 1924
Karur Vysya Bank Karur 1916
Kotak Mahindra Bank Mumbai 2003
Lakshmi Vilas Bank Chennai 1926
Nainital Bank Nainital 1922
RBL Bank Mumbai 1943
South Indian Bank Thrissur 1929
Tamilnad Mercantile Bank Limited Thoothukudi 1921
Yes Bank Mumbai 2004

Small Finance Banks

Small finance banks are the financial institutions funded by private organizations to make further progress in financial inclusion. This bank also has the license for the deposit and lending, the main goal of these ones is to provide financial inclusion to the people who can’t get help from the major banks. People such as small business, small farmers and low-level industries can get benefits from this bank by without having any restrictions.

Name of the Bank Headquarters Founded
AU Small Finance Bank Jaipur 2017
Capital Small Finance Bank Jalandhar 2016
Equitas Small Finance Bank Chennai 2016
ESAF Small Finance Bank Chennai 2017
Fincare Small Finance Bank Bangalore 2018
Jana Small Finance Bank Bangalore 2018
North East Small Finance Bank Guwahati 2017
Suryoday Small Finance Bank Mumbai 2017
Ujjivan Small Finance Bank Bangalore 2017
Utkarsh Small Finance Bank Varanasi 2017

 Interesting Facts And News 2019

Payment Banks

Payment banks are the new concept of the banking model created by the Reserve Bank of India. These banks have a restricted amount deposit of 1 lakhs per customer. Since it has some restrictions they can’t have loans or credit cards services. This banking system is known to be next era banking type, because of the most transactions is done by digital platform and these banks are digitalized. Bharathi Airtel is one of the first banks to introduce the Payment bank concept.

Name of the Bank Headquarters Founded
Aditya Birla Payment Bank Mumbai 2016
Airtel Payment Bank Limited New Delhi 2016
Fino Payment Bank Mumbai 2017
India Post Payment Bank New Delhi 2018
Jio Payment Bank Mumbai 2018
Paytm Payment Bank Noida 2017

Foreign Bank

Foreign banks are the banks which are controlled by both home and a foreign country which created the bank. In fact, the foreign bank has the ability to provide more loans than the banks located in the home country. Banks frequently start the branch in foreign locations to provide services to the customers who are related to the multinational corporation. But maintaining a foreign branch will be quite difficult since it needs to follow both home and foreign country banking rules.

Name of the Bank Headquarters Established in India
AB bank Dhaka Bangladesh 1996
Abu Dhabi Commercial Bank Abu Dhabi 2011
American Express New York, US 1921
Antwerp Diamond Bank Antwerp, Belgium 2001
Australia and New Zealand Banking Group Melbourne, Australia 2011
Bank International Indonesia Jakarta, Indonesia 2013
Bank of America North Carolina, US 1964
Bank of Bahrain and Kuwait Manama, Bahrain 1986
Bank of Ceylon Colombo, Sri Lanka 1995
Bank of Nova Scotia Toronto, Canada 2011
Bank of Tokyo – Mitsubishi Tokyo, Japan 2013
Barclays Bank London, UK 1938
BNP Paribas Paris, France 1860
Chinatrust Commercial Bank Taipei, Taiwan 1996
Citibank New York, US 1902
Commonwealth Bank of Australia Sydney, Australia 2010
Credit Agricole Montrouge, France 1981
Credit Suisse Zurich, Switzerland 2011
DBS Bank Singapore 2008
Deutsche Bank Frankfurt, Germany 1980
Doha Bank Doha, Qatar 2014
FirstRand Bank Johannesburg, South Africa 2012
HSBC London, UK 1853
HSBC Bank Oman Seeb, Oman 1855
Industrial & Commercial Bank of China Beijing, China 2011
J.P. Morgan Chase Bank New York, US 1902
Krung Thai Bank Bangkok, Thailand 2004
Mashreq Bank Dubai, UAE 2011
Mizuho Corporate Bank Tokyo, Japan 2008
National Australia Bank Melbourne, Australia 2008
Rabobank Utrecht, Netherlands 1998
Royal Bank of Scotland Scotland, UK 2015
Sberbank Moscow, Russia 2010
Shinhan Bank Seoul, South Korea 2016
Societe General Paris, France 1978
Sonali Bank Dhaka, Bangladesh 1974
Standard Charted Bank London, UK 1969
State Bank of Mauritius Port Louis, Mauritius 1994
Sumitomo Mitusui Banking Tokyo, Japan 2013
UBS AG Basel, Switzerland 2008
United Overseas Bank Singapore 2009
VTB Moscow, Russia 2008
Westpac Banking Corporation Sydney, Australia 2012
Woori Bank Seoul, South Korea 2012

 Regional Rural Bank

Unlike other banks, Regional Rural Bank has the branches and their area of operations will be available in the urban area. Regional Rural Bank act is established in India in the year 1976 in order to give sufficient facilities for banking and credit for agricultural and rural sectors.

Name of the Bank Head Office State
Allahabad UP Gramin Bank Banda Uttar Pradesh
Andhra Pradesh Grameena Vikas Bank Warangal Andhra Pradesh
Andhra Pragathi Grameena Bank Kadapa Andhra Pradesh
Arunachal Pradesh Rural Bank Naharilagun Arunachal Pradesh
Assam Gramin Vikash Bank Guwahati Assam
Bangiya Gramin Vikash Bank Berhampur West Bengal
Baroda Gujarat Gramin Bank Bharuch Gujarat
Baroda Rajasthan Kshetriya Gramin Bank Ajmer Rajasthan
Baroda UP Gramin Bank Rae Bareli Uttar Pradesh
Central Madhya Pradesh Gramin Bank Chhindwara Madhya Pradesh
Chaitanya Godavari Grameena Bank Guntur Andhra Pradesh
Chhattisgarh Rajya Gramin Bank Rajpur Chhattisgarh
Dakshin Bihar Gramin Bank Begusarai Bihar
Dena Gujarat Gramin Bank Gandhinagar Gujarat
Ellaquai Dehati Bank Srinagar Jammu & Kashmir
Gramin Bank of Aryavrat Lucknow Uttar Pradesh
Himachal Pradesh Gramin Bank Mandi Himachal Pradesh
Jammu & Kashmir Grameen Bank Jammu  Jammu & Kashmir
Jharkhand Gramin Bank Ranchi Jharkhand
Karnataka Vikas Grameena Bank Dharwad Karnataka
Kashi Gomti Samyut Grameena Bank Varanasi Uttar Pradesh
Kaveri Grameena Bank Mysore Karnataka
Kerala Gramin Bank Malappuram Kerala
Langpi Dehangi Rural Bank Diphu Assam
Madhyanchal Gramin Bank Sagar Madhya Pradesh
Maharashtra Gramin Bank Aurangabad Maharashtra
Manipur Rural Bank Imphal Manipur
Marudhara Rajasthan Gramin Bank Jodhpur Rajasthan
Meghalaya Rural Bank Shillong Meghalaya
Mizoram Rural Bank Aizawal Mizoram
Nagaland Rural Bank Dimapur Nagaland
Narmada Jhabua Gramin Bank Indore Madhya Pradesh
Odisha Gramya Bank Bhubaneswar Odisha
Pallavan Grama Bank Salem Tamil Nadu
Pandyan Grama Bank Virudhunagar Tamil Nadu
Paschim Banga Gramin Bank Howrah West Bengal
Pragathi Krishna Gramin Bank Bellary Karnataka
Prathama Bank Moradabad Uttar Pradesh
Puduvai Bharathiar Grama Bank Muthialpet Puducherry
Punjab Gramin Bank Kapurthala Punjab
Purvanchal Bank Gorakhpur Uttar Pradesh
Saptagiri Grameena Bank Chittor Andhra Pradesh
Sarva Haryana Gramin Bank Rohtak Haryana
Sarva UP Gramin Bank Meerut Uttar Pradesh
Saurashtra Gramin Bank Junagadh Gujarat
Telangana Grameena Bank Hyderabad Telangana
Tripura Gramin Bank Agartala Tripura
Utkal Grameen Bank Balangir Odisha
Uttar Bihar Gramin Bank Muzaffarpur Bihar
Uttarakhand Gramin Bank Dehradum Uttarakhand
Uttarbanga Kshetriya Gramin Bank Coochbehar West Bengal
Vananchal Gramin Bank Dumka Jharkhand
Vidarbha Konkan Gramin Bank Nagpur Maharashtra

State Co-operative Bank

State Co-operative bank comes under the central co-operative bank and it will act like custody of the Co-operative banks. In India, these banks are registered below the act of Co-operative Societies. These banks are governed by the acts of Banking Regulation from 1949.

Name of the Bank Head Office
The Andaman and Nicobar State Co-operative Bank Ltd Port Blair
The Andhra Pradesh State Co-operative Bank Ltd Hyderabad
The Arunachal Pradesh State Co-operative Apex Bank Ltd Naharlagun
The Assam Co-operative Apex Bank Ltd Guwahati
The Bihar State Co-operative Bank Ltd Patna
The Chandigarh State Co-operative Bank Ltd Chandigarh
The Chhattisgarh Rajya Sahakari Bank Maryadit Raipur
The Delhi State Co-operative Bank Ltd New Delhi
The Goa State Co-operative Bank Ltd Panaji
The Gujarat State Co-operative Bank Ltd Ahmedabad
The Haryana State Co-operative Apex Bank Ltd Chandigarh
The Himachal Pradesh State Co-operative Bank Ltd Shimla
The Jammu and Kashmir State Co-operative Bank Ltd Srinagar
The Jharkhand State Co-operative Bank Jharkhand
The Karnataka State Co-operative Apex Bank Ltd Bangalore
The Kerala State Co-operative Bank Ltd Thiruvananthapuram
The Madhya Pradesh Rajya Sahakari Bank Maryadit Bhopal
The Maharashtra State Co-operative Bank Ltd Mumbai
The Manipur State Co-operative Bank Ltd Imphal
The Meghalaya Co-operative Apex Bank Ltd Shillong
The Mizoram Co-operative Apex Bank Ltd Aizwal
The Nagaland State Co-operative Bank Ltd Dimapur
The Orissa State Co-operative Bank Ltd Bhubaneswar
The Pondicherry State Co-operative Bank Ltd Pondicherry
The Punjab State Co-operative Bank Ltd Chandigarh
The Rajasthan State Co-operative Bank Ltd Jaipur
The Sikkim State Co-operative Bank Ltd Gangtok
The Tamil Nadu State Apex Co-operative Bank Ltd Chennai
The Telangana State Co-operative Apex Bank Ltd Telangana30 The Tripura State Co-operative Bank Ltd Agartala
The Uttar Pradesh Co-operative Bank Ltd Lucknow
The Uttarakhand State Cooperative Bank Ltd Uttarakhand
The West Bengal State Co-operative Bank Ltd Kolkata

These are all types of banks and their lists of banks present in India. We hope that this article will help you in competing in the bank exams. Share this info with your friends and family and share your thoughts in the comment section below.

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