72 Bank Names In India That You Must Know

Anusuya Mukherjee
Jan 15, 2024 By Anusuya Mukherjee
Originally Published on Apr 21, 2022
Fact-checked by Shruti Thapa
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Read time: 7.8 Min

The list of banks in India features public sector banks, private sector banks, international banks, cooperative banks, and regional rural banks.

Some of the popular Indian banks are the Indian Overseas Bank, Kotak Mahindra Bank, Bank of India, ICICI Bank, Punjab-Sind Bank, Union Bank of India, SBI, and several others. Apart from domestic banks, several foreign banks also have their presence in India.

Read on for the names of leading banks in India.

Private Sector Banks Names In India

There are some banks whose majority of the stake is owned by private individuals instead of the government. The list of Indian private banks is below:

Axis Bank: is the third-largest private sector bank in India. Axis Bank was established in 1993.

Bandhan Bank: is a subsidiary company of Bandhan Financial Holdings Limited (BFHL). Its headquarters is in Kolkata.

City Union Bank: was established as a limited company in 1904 and was initially named Kumbakonam Bank.

CSB Bank: formerly known as Catholic Syrian Bank, is one of the oldest private banks in India, established in the '20s.

Dhanlaxmi Bank: is one of the top private banks in India whose headquarter is in Thrissur City of Kerala, which was started in 1927.

Federal Bank: is a well-known bank set up in 1931, it is one of the leading private sector banks in India.

HDFC Bank: is a private authorized banking and financial services company that is one of the largest private sector banks in India.

ICICI Bank Limited: is of the leading private sector banks in India. ICICI Bank is the second-largest private sector bank in India.

IDBI Bank: is a well-known private bank that provides a wide range of financial facilities to its customers.

IDFC First Bank: is a private bank established in 2015, which could not be missed in the list of private banks.

Induslnd Bank: is one of the leading private sector banks in India. IndusInd Bank was established in the year 1994.

J&K Bank: is a universal bank in Jammu & Kashmir and Ladakh that was founded in 1938.

Karnataka Bank: is a well-known private bank that started in 1924, and has 862 branches with a 10.21 million customer base.

Karur Vysya Bank: founded in 1916, is a private bank that provides financial support to traders and agriculturists across India.

Kotak Mahindra Bank: founded in 2003, is one of the most popular private banks in India and the first non-banking finance company to convert into a bank.

RBL Bank: which was formerly known as Ratnakar Bank, is one of the fastest-growing private banks in India which was started in 1943

South Indian Bank: is a very popular bank whose headquarter is in Thrissur, Kerala.

Yes Bank: is considered the fastest-growing privately-owned Bank in India. Yes Bank headquarter is in Mumbai.

Government Sector Bank Names In India

Public sector banks/government sector banks are the ones whose majority of the stake is held by the Ministry of Finance. Here is a list of all government sector banks operating in India.

Bank of Baroda: also known as India’s International Bank, was established in 1908, its headquarter is in Vadodara, Gujarat.

Bank of India: a public-owned bank whose headquarter is in Mumbai, Bank of India was initially started in 1906.

Bank of Maharashtra: is the primary depository financial institution in India which came into effect in 1935.

Canara Bank: ranks fourth in the list of public sector banks and was started in 1906. Canara Bank is said to be one of the oldest government banks in India.

Indian Bank: the merger of Allahabad Bank, is one of the popular banks in India.

Indian Overseas Bank: founded by M. Ct. M. Chidambaram Chettiar, is a non-forgettable bank name in the list of public sector banks which was founded in 1937.

Punjab National Bank: is the second-largest public sector bank in India after State Bank of India. Punjab National Bank is popularly known as PNB.

Punjab-Sind Bank: established in 1908 to uplift the poorest of the poor, is the public sector bank whose headquarter is located in New Delhi.

State Bank of India: founded in 1955, is the largest public sector bank in India. State Bank of India has the maximum assets in the country. State Bank of India is often regarded as the banker to the government of India.

UCO Bank: is one of the leading public sector banks in India.

Union Bank of India: is another popular public sector bank that operates 9,315 branches across India.

Commercial Bank Names In India

RBI is the Central Bank of India which overlooks the working of every scheduled bank in India. Read on for names of leading commercial banks in India:  

Allahabad Bank: is a nationalized bank, which recently merged with Indian Bank.

Andhra Bank: founded in 1923, is a public sector bank in India, which merged with the Union Bank of India in 2019.

Central Bank of India: is the oldest and the largest nationalized commercial bank.

Corporation Bank: founded in 1906 in Udupi, is a public sector commercialized bank which has now merged with Union Bank of India.

Oriental Bank of Commerce: is an India-based bank. Oriental Bank of Commerce has now merged with Punjab National Bank.

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Bank Names In New Delhi, India

A list of India banks providing facilities in New Delhi is as follows:

Apna Sahakari Bank: is a multi-state cooperative bank that was started in 1968, on the occasion of Gudi Padva (Marathi New Year).

AU Small Finance Bank: founded in 1996, was started as a vehicle finance company and then converted into a small finance bank.

Bank of America: is a known multinational investment bank that also operates in India.

Bank of Madura: was established in the year 1943 by Karumuttu Thiagarajan Chettiar.

Bank of Nova Scotia: is a Canadian bank that operates as Scotiabank in India.

Bank of Tokyo: the largest Bank of Japan, is a Japanese foreign exchange bank.

Capital Small Finance Bank: India's first small finance bank which was started in 2016.

Centurion Bank of Punjab: founded in Panaji in 1994, is an Indian private sector bank.

CitiBank: is a foreign bank that was founded in 1812 in New York City. It is one of the leading foreign banks in India.

Coastal Local Area Bank Ltd: is a local area bank approved by RBI, which came into existence in the year 1999.

Dena Bank: is a well-known government-owned bank that has now merged with the Bank of Baroda.

Dombivli Nagari Sahakari Bank: is a multi-state scheduled bank that was founded in the year 1970.

Equitas Small Finance Bank: was started as a microfinance lender in the year 2016. The bank has its head branch in Chennai.

ESAF Small Finance Bank: is a financial service provider company that was started in 2017, and whose headquarter is situated in the Thrissur district.

Fincare Small Finance Bank: is a scheduled commercial bank, which was founded in 2017.

ING Vysya Bank: is a multinational bank that provides retail, wholesale, and private banking platforms that was set up in Bangalore in 2002.

Jana Small Finance Bank: is a banking and financial service provider company established in March 2018.

Janakalyan Sahakari Bank: established in 1974, under the Maharashtra State Co-operative Societies Act, is a multi-state scheduled bank of India.

Janalakshmi Small Finance Bank: regulated by RBI, is a leading digitized bank.

Janaseva Sahakari Bank: was founded in 1972, on the auspicious day of Dussehra, with an initial capital of Rs 56,000.

Janata Sahakari Bank: got its status in 2012 as a multi-state co-operative scheduled bank.

Krishna Bhima Samruddhi LAB Ltd: is one of the major local area banks in India, which operates in 12 districts of the country.

Lord Krishna Bank: is a privatized bank in India whose headquarter is in Kodungallur, in the Thrissur district of Kerala. In the '40s, the bank was founded by Sri. Narayan Prabhu.

North East Small Finance Bank: is a private sector bank established in Guwahati in 2016, it is a subsidiary of RGVN microfinance limited.

Sanwa Bank: is a Japanese Bank that was founded in 1933. It is the second-largest bank in terms of assets.

Shivalik Small Finance Bank: is also a mercantile bank in India whose headquarter is in Saharanpur, Uttar Pradesh.

State Bank of Bikaner and Jaipur: is a subsidiary bank of SBI that was founded in Jaipur City in 1963.

State Bank of Mysore: was founded by M. Visvesvaraya in 1913. It has its headquarters in Bangalore. This is another bank that merged with SBI.

State Bank of Patiala: is a public sector banking and finance company that is an associate of State Bank Group.

State Bank of Travancore: is a major associate of SBI, whose headquarter is in Thiruvananthapuram, Kerala.

Suryoday Small Finance Bank: is a new age bank that converted into a microfinance institution. It was founded in 2009.

Syndicate Bank: is another bank in New Delhi that was founded by Upendra Ananth Pai, T.M.A. Pai, and Vaman Srinivas Kudva in 1925.

Ujjivan Small Finance Bank: came into action in the year 2017 by the founder Samit Ghosh.

United Western Bank: is an Indian bank that was founded in 1936. The bank was acquired by IDBI Bank in 2006.

Unity Small Finance Bank: is the 12th small finance bank in India, whose first branch was set up in Mumbai in 2021.

Utkarsh Small Finance Bank: is a non-government company that provides banking services in India.

Utkarsh Small Finance Bank: is an Indian small finance bank that was established in 2009 with the aim to empower low-income groups financially.

Vijaya Bank: founded by A.B. Shetty, is a nationalized bank that was merged with Bank of Baroda in April 2020.

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Written by Anusuya Mukherjee

Bachelor of Arts and Law specializing in Political Science and Intellectual Property Rights

Anusuya Mukherjee picture

Anusuya MukherjeeBachelor of Arts and Law specializing in Political Science and Intellectual Property Rights

With a wealth of international experience spanning Europe, Africa, North America, and the Middle East, Anusuya brings a unique perspective to her work as a Content Assistant and Content Updating Coordinator. She holds a law degree from India and has practiced law in India and Kuwait. Anusuya is a fan of rap music and enjoys a good cup of coffee in her free time. Currently, she is working on her novel, "Mr. Ivory Merchant".

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