List of banks in India

From Wikipedia, the free encyclopedia

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 1 August 2025, India's commercial banking sector consists of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 28 regional rural banks (RRBs), 44 foreign banks (FBs), 12 small finance banks (SFBs), 6 payments banks (PBs)[3], 2 local area banks (LABs), and 5 financial institutions. Out of these 128 commercial banks, 124 are classified as scheduled banks and four are classified as non-scheduled banks.

Commercial banks

More information Bank, Total assets in crores (INR) ...
Top 15 banks in India by total assets
Bank Total assets in crores (INR)
State Bank of India
7,444,291
HDFC Bank
4,392,417
ICICI Bank
2,642,241
Punjab National Bank
1,873,715
Bank of Baroda
1,839,671
Canara Bank
1,777,792
Axis Bank
1,656,962
Union Bank of India
1,497,882
Bank of India
1,056,425
Indian Bank
895,503
Kotak Mahindra Bank
879,774
IndusInd Bank
554,107
Central Bank of India
481,186
Yes Bank
424,115
Indian Overseas Bank
414,113
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Public sector banks (PSBs)

Main article: Public sector banks in India

There are 12 public sector banks in India, as of 1 April 2026.[4]

More information Bank name, Established ...
Bank nameEstablishedHeadquartersGovernment
shareholding		Branches (domestic) Total assetsRevenuesOfficial WebsiteRefs
Bank of Baroda1908Vadodara, Gujarat63.97%8,564₹1,971,175 crore (US$210 billion)₹152,884.14 crore (US$16 billion)https://bankofbaroda.bank.in[5][6][7]
Bank of India1906Mumbai, Maharashtra73.38%5,447₹1,120,713.40 crore (US$120 billion)₹80,412.44 crore (US$8.5 billion)https://bankofindia.bank.in[8][9]
Bank of Maharashtra1935Pune, Maharashtra79.60%2,719₹393,224 crore (US$42 billion)₹28,401.62 crore (US$3.0 billion)https://bankofmaharashtra.bank.in[10]
Canara Bank1906Bengaluru, Karnataka62.93%10,098₹1,822,356.78 crore (US$190 billion)₹152,657.89 crore (US$16 billion)https://canarabank.bank.in[11][12][13]
Central Bank of India1911Mumbai, Maharashtra89.27%4,567₹533,506.19 crore (US$56 billion)₹39,667.95 crore (US$4.2 billion)https://centralbank.bank.in[14]
Indian Bank1907Chennai, Tamil Nadu73.84%5,965₹949,690.30 crore (US$100 billion)₹72,050.88 crore (US$7.6 billion)https://indianbank.bank.in[15][16]
Indian Overseas Bank1937Chennai, Tamil Nadu94.61%3,438₹447,541.62 crore (US$47 billion)₹33,750.31 crore (US$3.6 billion)https://iob.bank.in[15][16]
Punjab and Sind Bank1908New Delhi, NCT of Delhi93.85%1,623₹170,734 crore (US$18 billion)₹13,048.95 crore (US$1.4 billion)https://punjabandsind.bank.in[17]
Punjab National Bank1894New Delhi, NCT of Delhi70.08%10,261₹1,976,227.84 crore (US$210 billion)₹140,456.81 crore (US$15 billion)https://pnb.bank.in[11][18]
State Bank of India1955Mumbai, Maharashtra55.50%23,125₹7,881,070 crore (US$830 billion)₹473,378.14 crore (US$50 billion)https://sbi.bank.in[19][20][21]
UCO Bank1943Kolkata, West Bengal90.95%3,327₹378,617.65 crore (US$40 billion)₹29,473.55 crore (US$3.1 billion)https://uco.bank.in[22][23]
Union Bank of India1919Mumbai, Maharashtra74.76%8,671₹1,499,855.67 crore (US$160 billion)₹129,979.25 crore (US$14 billion)https://unionbankofindia.bank.in[11][24]
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Private sector banks (PVBs)

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 sector banks in India, as of 1 August 2025.

More information Bank name, Established ...
Bank nameEstablishedHeadquartersBranchesTotal assetsRevenuesOfficial WebsiteRefs
Axis Bank1993Mumbai, Maharashtra5,876₹1,656,962.61 crore (US$180 billion)₹137,989 crore (US$15 billion)https://axis.bank.in[25]
Bandhan Bank2015Kolkata, West Bengal1,715₹191,476.29 crore (US$20 billion)₹21,656 crore (US$2.3 billion)https://bandhan.bank.in[26]
CSB Bank1920Thrissur, Kerala829₹47,836.27 crore (US$5.1 billion)₹3,450 crore (US$360 million)https://csb.bank.in[27]
City Union Bank1904Kumbakonam, Tamil Nadu875₹77,623.21 crore (US$8.2 billion)₹4,839 crore (US$510 million)https://cityunionbank.bank.in[28][29]
DCB Bank1930Mumbai, Maharashtra464₹76,809.78 crore (US$8.1 billion)₹3,916 crore (US$410 million)https://dcb.bank.in[30]
Dhanlaxmi Bank1927Thrissur, Kerala261₹17,936.94 crore (US$1.9 billion)₹1,072 crore (US$110 million)https://dhan.bank.in[31]
Federal Bank1931Kochi, Kerala1,589₹360,151.91 crore (US$38 billion)₹25,267 crore (US$2.7 billion)https://federal.bank.in[32]
HDFC Bank1994Mumbai, Maharashtra9,455₹4,392,417.42 crore (US$460 billion)₹205,000 crore (US$22 billion)https://hdfc.bank.in[33][34]
ICICI Bank1994Mumbai, Maharashtra6,983₹2,642,241.41 crore (US$280 billion)₹186,178.50 crore (US$20 billion)https://icici.bank.in[35][36][37]
IDBI Bank1964Mumbai, Maharashtra2,104₹412,961.90 crore (US$44 billion)₹24,803 crore (US$2.6 billion)https://idbi.bank.in[38][39]
IDFC First Bank2015Mumbai, Maharashtra1,066₹393,357 crore (US$42 billion)₹21,134 crore (US$2.2 billion)https://idfcfirst.bank.in[40]
IndusInd Bank1994Mumbai, Maharashtra3,081₹554,107.11 crore (US$59 billion)₹28,999 crore (US$3.1 billion)https://indusind.bank.in[41]
Jammu & Kashmir Bank1938Srinagar, Jammu and Kashmir1,019₹169,423.54 crore (US$18 billion)₹7,166 crore (US$760 million)https://jkb.bank.in[42]
Karnataka Bank1924Mangaluru, Karnataka957₹120,960.45 crore (US$13 billion)₹6,232 crore (US$660 million)https://karnatakabank.bank.in[43]
Karur Vysya Bank1916Karur, Tamil Nadu888₹119,367.42 crore (US$13 billion)₹5,470 crore (US$580 million)https://kvb.bank.in[44]
Kotak Mahindra Bank2003Mumbai, Maharashtra2148₹879,774.34 crore (US$93 billion)₹94,274 crore (US$10 billion)https://kotak.bank.in[45]
Nainital Bank1922Nainital, Uttarakhand173₹9,306 crore (US$980 million)₹727 crore (US$77 million)https://nainitalbank.bank.in[46]
RBL Bank1943Mumbai, Maharashtra561₹146,772.11 crore (US$16 billion)₹8,561 crore (US$910 million)https://rbl.bank.in[47]
South Indian Bank1929Thrissur, Kerala948₹124,655.07 crore (US$13 billion)₹7,305 crore (US$770 million)https://southindianbank.bank.in[48]
Tamilnad Mercantile Bank1921Thoothukkudi, Tamil Nadu578₹66,449.87 crore (US$7.0 billion)₹3,992 crore (US$420 million)https://tmb.bank.in[49]
Yes Bank2004Mumbai, Maharashtra1,255₹424,115.93 crore (US$45 billion)₹20,039 crore (US$2.1 billion)https://yes.bank.in[50][51]
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Regional rural banks (RRBs)

Main article: Regional rural bank

There are 28 regional rural banks in India, as of 23 October 2025.

More information State, Bank name ...
StateBank nameEstablishedHeadquartersBranchesSponsor bankOfficial Website
Andhra Pradesh Andhra Pradesh Grameena Bank2025Guntur, Andhra Pradesh1,351Union Bank of Indiahttps://apgb.bank.in
Arunachal PradeshArunachal Pradesh Rural Bank1983Itanagar, Arunachal Pradesh34State Bank of Indiahttps://aprb.bank.in
AssamAssam Gramin Bank2019Guwahati, Assam473Punjab National Bankhttps://agvb.bank.in
BiharBihar Gramin Bank2025Patna, Bihar2,885Punjab National Bankhttps://bgb.bank.in
ChhattisgarhChhattisgarh Gramin Bank2013Raipur, Chhattisgarh626State Bank of Indiahttps://cgb.bank.in
GujaratGujarat Gramin Bank2025Vadodara, Gujarat744Bank of Barodahttps://ggb.bank.in
HaryanaHaryana Gramin Bank2013Rohtak, Haryana690Punjab National Bankhttp://shgb.bank.in
Himachal PradeshHimachal Pradesh Gramin Bank2013Mandi, Himachal Pradesh265Punjab National Bankhttps://hpgb.bank.in
Jammu And Kashmir Jammu and Kashmir Grameen Bank2025Jammu, Jammu and Kashmir330Jammu & Kashmir Bankhttps://jkgrameen.bank.in
JharkhandJharkhand Gramin Bank2019Ranchi, Jharkhand450State Bank of Indiahttps://jrgbank.bank.in
KarnatakaKarnataka Grameena Bank2025Ballari, Karnataka1,750Canara Bankhttps://karnatakagb.bank.in
KeralaKerala Grameena Bank2013Malappuram, Kerala635Canara Bankhttps://kgb.bank.in
Madhya PradeshMadhya Pradesh Gramin Bank2025Indore, Madhya Pradesh1,320Bank of Indiahttps://mpgb.bank.in
MaharashtraMaharashtra Gramin Bank2025Chhatrapati Sambhajinagar, Maharashtra748Bank of Maharashtrahttps://mahagramin.bank.in
ManipurManipur Rural Bank1981Imphal, Manipur28Punjab National Bankhttps://manipurrural.bank.in
MeghalayaMeghalaya Rural Bank1981Shillong, Meghalaya89State Bank of Indiahttps://meghalayaruralbank.bank.in
MizoramMizoram Rural Bank1983Aizawl, Mizoram105State Bank of Indiahttps://mrb.bank.in
NagalandNagaland Rural Bank1983Kohima, Nagaland12State Bank of Indiahttps://nrb.bank.in
OdishaOdisha Grameen Bank2025Bhubaneswar, Odisha979Indian Overseas Bankhttps://odishabank.bank.in
PuducherryPuducherry Grama Bank2008Pondicherry, Puducherry48Indian Bank

https://pygb.bank.in

PunjabPunjab Gramin Bank2019Kapurthala, Punjab458Punjab National Bankhttps://pgb.bank.in
RajasthanRajasthan Gramin Bank2025Jaipur, Rajasthan1,596State Bank of Indiahttps://rgb.bank.in
Tamil NaduTamil Nadu Grama Bank2019Salem, Tamil Nadu682Indian Bankhttps://tngb.bank.in
TelanganaTelangana Grameena Bank2025Hyderabad, Telangana934State Bank of Indiahttps://tgb.bank.in
TripuraTripura Gramin Bank1976Agartala, Tripura154Punjab National Bankhttps://tripuragramin.bank.in
Uttar Pradesh Uttar Pradesh Gramin Bank 2025Lucknow, Uttar Pradesh4,330Bank of Barodahttps://upgb.bank.in
UttarakhandUttarakhand Gramin Bank2012Dehradun, Uttarakhand291State Bank of Indiahttps://ukgb.bank.in
West BengalWest Bengal Gramin Bank2025Kolkata, West Bengal960Punjab National Bankhttps://wbgb.bank.in
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Co-operative banks

See also: Cooperative banking § India

State co-operative banks (SCBs)

There are 34 state co-operative banks in India, as of 1 August 2025.[52]

  • The Andaman and Nicobar State Co-operative Bank Ltd.
  • The Andhra Pradesh State Co-operative Bank Ltd.
  • The Arunachal Pradesh State Co-operative Apex Bank Ltd.
  • The Assam Co-operative Apex Bank Ltd.
  • The Bihar State Co-operative Bank Ltd.
  • The Chandigarh State Co-operative Bank Ltd.
  • The Chhattisgarh Rajya Sahakari Bank Maryadit
  • The Delhi State Co-operative Bank Ltd.
  • The Goa State Co-operative Bank Ltd.
  • The Gujarat State Co-operative Bank Ltd.
  • The Haryana State Co-operative Apex Bank Ltd.
  • The Himachal Pradesh State Co-operative Bank Ltd.
  • The Jammu and Kashmir State Co-operative Bank Ltd.
  • The Jharkhand State Co-operative bank Ltd.
  • The Karnataka State Co-operative Apex Bank Ltd.
  • The Kerala State Co-operative Bank Ltd.
  • The Madhya Pradesh Rajya Sahakari Bank Maryadit.
  • The Maharashtra State Co-operative Bank Ltd.
  • The Manipur State Co-operative Bank Ltd.
  • The Meghalaya Co-operative Apex Bank Ltd.
  • The Mizoram Co-operative Apex Bank Ltd.
  • The Nagaland State Co-operative Bank Ltd.
  • The Odisha State Co-operative Bank Ltd.
  • The Pondichery State Co-operative Bank Ltd.
  • The Punjab State Co-operative Bank Ltd.
  • The Rajasthan State Co-operative Bank Ltd.
  • The Sikkim State Co-operative Bank Ltd.
  • The Tamil Nadu State Apex Co-operative Bank Ltd.
  • The Telangana State Co-operative Apex Bank Ltd.
  • The Tripura State Co-operative Bank Ltd.
  • The Uttar Pradesh Co-operative Bank Ltd.
  • The Uttaranchal Rajya Sahakari Bank Ltd.
  • The West Bengal State Co-operative Bank Ltd.
  • The Daman and Diu State Co-operative Bank Ltd.

District central co-operative banks

There are 352 district central co-operative banks in India, as of 1 August 2025.

Scheduled urban co-operative banks

There are 24 scheduled urban co-operative banks in India, as of 1 August 2025.

Non-scheduled urban co-operative banks

There are 1407 non-scheduled urban co-operative banks in India, as of 1 August 2025.

Foreign banks

There are 44 foreign banks in India, as of 1 August 2025. Branch/WOS/Representative form of presence as per RBI is as follows:[53]

Foreign banks operating as wholly owned subsidiary in India

List of notable foreign banks which are incorporated outside India and are operating a wholly owned subsidiary in India:

Foreign banks with branches in India

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

Foreign banks with representative offices in India

List of notable foreign banks which are incorporated outside India and are operating representative offices in India:

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 ₹50 million. The promoter's contribution should be at least ₹20 million. 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.[54]

There are 2 local area banks in India, as of 1 August 2025.[55]

More information Bank name, Established ...
Bank name Established Headquarters Branches Revenues Official Website Refs
Coastal Local Area Bank 1999 Vijayawada, Andhra Pradesh 50 ₹25 crore (US$2.6 million) https://coastal.bank.in [56][57]
Krishna Bhima Samruddhi Local Area Bank 2001 Hyderabad, Telangana 29 ₹67.89 crore (US$7.2 million) https://www.kbsbank.bank.in [58][59]
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Payments banks

Main article: Payments bank

There are 4 payments banks in India, as of 15 December 2025.

More information Bank name, Established ...
Bank nameEstablishedHeadquartersBranchesRevenuesOfficial WebsiteRefs
Airtel Payments Bank2017New Delhi, NCT of Delhi₹627 crore (US$66 million)https://airtelpayments.bank.in[60][61]
India Post Payments Bank2018New Delhi, NCT of Delhi650₹55 crore (US$5.8 million)https://ippbonline.bank.in[62]
Jio Payments Bank2018Mumbai, Maharashtra₹13 crore (US$1.4 million)https://jiopayments.bank.in[63]
NSDL Payments Bank2018Mumbai, Maharashtra₹62 crore (US$6.6 million)https://nsdlpayments.bank.in[64]
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Small finance banks

Main article: Small finance bank

There are 12 small finance banks in India, as of 15 December 2025.

More information Bank name, Established ...
Bank nameEstablishedHeadquartersBranchesTotal assetsRevenuesOfficial WebsiteRefs
AU Small Finance Bank 2017 Jaipur, Rajasthan 630 ₹109,426 crore (US$12 billion) ₹9,293 crore (US$980 million) https://au.bank.in [65][66]
Capital Small Finance Bank 2016 Jalandhar, Punjab 180 ₹9,295 crore (US$980 million) https://capital.bank.in [66][67]
Equitas Small Finance Bank 2016 Chennai, Tamil Nadu 987 ₹45,304 crore (US$4.8 billion) ₹3,997 crore (US$420 million) https://equitas.bank.in [68][66]
ESAF Small Finance Bank 2017 Thrissur, Kerala 756 ₹26,086.88 crore (US$2.8 billion) ₹475 crore (US$50 million) https://esaf.bank.in [69]
Fino Small Finance Bank2017Mumbai, Maharashtra410₹791 crore (US$84 million) https://fino.bank.in[70][71]
Jana Small Finance Bank 2018 Bengaluru, Karnataka 640 ₹32,710 crore (US$3.5 billion) ₹3,050 crore (US$320 million) https://jana.bank.in [72][66]
Shivalik Small Finance Bank 2021 Saharanpur, Uttar Pradesh 73 ₹4,119.76 crore (US$440 million) https://shivalik.bank.in [73][74]
Slice Small Finance Bank 2017 Guwahati, Assam 232 ₹1,687 crore (US$180 million) https://slice.bank.in [75][66]
Suryoday Small Finance Bank 2017 Navi Mumbai, Maharashtra 695 ₹15,614.4 crore (US$1.7 billion) https://suryoday.bank.in [76][77]
Ujjivan Small Finance Bank 2017 Bengaluru, Karnataka 752 ₹40,422 crore (US$4.3 billion) ₹4,754 crore (US$500 million)

https://ujjivansfb.bank.in

 [66][78]
Unity Small Finance Bank 2021 Mumbai, Maharashtra 334 ₹13,774 crore (US$1.5 billion) https://unity.bank.in [66]
Utkarsh Small Finance Bank 2018 Varanasi, Uttar Pradesh 967 ₹23,903 crore (US$2.5 billion) https://utkarsh.bank.in [66][79]
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See also

Notes

References

External links

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