Created by OmerRobson4867
Last edited March 17, 2026


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), 4 payments banks (PBs), 2 local area banks (LABs), and 4 financial institutions. Out of these 128 commercial banks, 124 are classified as scheduled banks and four are classified as non-scheduled banks.

Commercial banks

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Public sector banks (PSBs)

Template:Main There are 12 public sector banks in India, as of 1 April 2026.[3]

Bank name Established Headquarters Government
shareholding
Branches (domestic) Total assets Revenues Official Website Refs
Bank of Baroda 1908 Vadodara, Gujarat 63.97% 8,564 Template:Sort Template:Sort https://bankofbaroda.bank.in [4][5][6]
Bank of India 1906 Mumbai, Maharashtra 73.38% 5,447 Template:Sort Template:Sort https://bankofindia.bank.in [7][8]
Bank of Maharashtra 1935 Pune, Maharashtra 79.60% 2,719 Template:Sort Template:Sort https://bankofmaharashtra.bank.in [9]
Canara Bank 1906 Bengaluru, Karnataka 62.93% 10,098 Template:Sort Template:Sort https://canarabank.bank.in [10][11][12]
Central Bank of India 1911 Mumbai, Maharashtra 89.27% 4,567 Template:Sort Template:Sort https://centralbank.bank.in [13]
Indian Bank 1907 Chennai, Tamil Nadu 73.84% 5,965 Template:Sort Template:Sort https://indianbank.bank.in [14][15]
Indian Overseas Bank 1937 Chennai, Tamil Nadu 94.61% 3,438 Template:Sort Template:Sort https://iob.bank.in [14][15]
Punjab and Sind Bank 1908 New Delhi, NCT of Delhi 93.85% 1,623 Template:Sort Template:Sort https://punjabandsind.bank.in [16]
Punjab National Bank 1894 New Delhi, NCT of Delhi 70.08% 10,261 Template:Sort Template:Sort https://pnb.bank.in [10][17]
State Bank of India 1955 Mumbai, Maharashtra 55.50% 23,125 Template:Sort Template:Sort https://sbi.bank.in [18][19][20]
UCO Bank 1943 Kolkata, West Bengal 90.95% 3,327 Template:Sort Template:Sort https://uco.bank.in [21][22]
Union Bank of India 1919 Mumbai, Maharashtra 74.76% 8,671 Template:Sort Template:Sort https://unionbankofindia.bank.in [10][23]

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.

Bank name Established Headquarters Branches Total assets Revenues Official Website Refs
Axis Bank 1993 Mumbai, Maharashtra 5,876 Template:Sort Template:Sort https://axis.bank.in [24]
Bandhan Bank 2015 Kolkata, West Bengal 1,715 Template:Sort Template:Sort https://bandhan.bank.in [25]
CSB Bank 1920 Thrissur, Kerala 829 Template:Sort Template:Sort https://csb.bank.in [26]
City Union Bank 1904 Kumbakonam, Tamil Nadu 875 Template:Sort Template:Sort https://cityunionbank.bank.in [27][28]
DCB Bank 1930 Mumbai, Maharashtra 464 Template:Sort Template:Sort https://dcb.bank.in [29]
Dhanlaxmi Bank 1927 Thrissur, Kerala 261 Template:Sort Template:Sort https://dhan.bank.in [30]
Federal Bank 1931 Kochi, Kerala 1,589 Template:Sort Template:Sort https://federal.bank.in [31]
HDFC Bank 1994 Mumbai, Maharashtra 9,455 Template:Sort Template:Sort https://hdfc.bank.in [32][33]
ICICI Bank 1994 Mumbai, Maharashtra 6,983 Template:Sort Template:Sort https://icici.bank.in [34][35][36]
IDBI Bank 1964 Mumbai, Maharashtra 2,104 Template:Sort Template:Sort https://idbi.bank.in [37][38]
IDFC First Bank 2015 Mumbai, Maharashtra 1002 Template:Sort Template:Sort https://idfcfirst.bank.in [39]
IndusInd Bank 1994 Mumbai, Maharashtra 3,081 Template:Sort Template:Sort https://indusind.bank.in [40]
Jammu & Kashmir Bank 1938 Srinagar, Jammu and Kashmir 1,019 Template:Sort Template:Sort https://jkb.bank.in [41]
Karnataka Bank 1924 Mangaluru, Karnataka 957 Template:Sort Template:Sort https://karnatakabank.bank.in [42]
Karur Vysya Bank 1916 Karur, Tamil Nadu 888 Template:Sort Template:Sort https://kvb.bank.in [43]
Kotak Mahindra Bank 2003 Mumbai, Maharashtra 2148 Template:Sort Template:Sort https://kotak.bank.in [44]
Nainital Bank 1922 Nainital, Uttarakhand 173 Template:Sort Template:Sort https://nainitalbank.bank.in [45]
RBL Bank 1943 Mumbai, Maharashtra 561 Template:Sort Template:Sort https://rbl.bank.in [46]
South Indian Bank 1929 Thrissur, Kerala 948 Template:Sort Template:Sort https://southindianbank.bank.in [47]
Tamilnad Mercantile Bank 1921 Thoothukkudi, Tamil Nadu 578 Template:Sort Template:Sort https://tmb.bank.in [48]
Yes Bank 2004 Mumbai, Maharashtra 1,255 Template:Sort Template:Sort https://yes.bank.in [49][50]

Regional rural banks (RRBs)

Template:Main

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

State Bank name Established Headquarters Branches Sponsor bank Official Website
Andhra Pradesh Andhra Pradesh Grameena Bank 2025 Amaravati, Andhra Pradesh 1,351 Union Bank of India https://apgb.bank.in
Arunachal Pradesh Arunachal Pradesh Rural Bank 1983 Itanagar, Arunachal Pradesh 34 State Bank of India https://aprb.bank.in
Assam Assam Gramin Bank 2019 Guwahati, Assam 473 Punjab National Bank https://agvb.bank.in
Bihar Bihar Gramin Bank 2025 Patna, Bihar 2,885 Punjab National Bank https://bgb.bank.in
Chhattisgarh Chhattisgarh Gramin Bank 2013 Raipur, Chhattisgarh 626 State Bank of India https://cgb.bank.in
Gujarat Gujarat Gramin Bank 2025 Vadodara, Gujarat 744 Bank of Baroda https://ggb.bank.in
Haryana Haryana Gramin Bank 2013 Rohtak, Haryana 690 Punjab National Bank http://shgb.bank.in
Himachal Pradesh Himachal Pradesh Gramin Bank 2013 Mandi, Himachal Pradesh 265 Punjab National Bank https://hpgb.bank.in
Jammu And Kashmir Jammu and Kashmir Grameen Bank 2025 Jammu, Jammu and Kashmir 330 Jammu & Kashmir Bank https://jkgrameen.bank.in
Jharkhand Jharkhand Gramin Bank 2019 Ranchi, Jharkhand 450 State Bank of India https://jrgbank.bank.in
Karnataka Karnataka Grameena Bank 2025 Ballari, Karnataka 1,750 Canara Bank https://karnatakagb.bank.in
Kerala Kerala Grameena Bank 2013 Malappuram, Kerala 635 Canara Bank https://kgb.bank.in
Madhya Pradesh Madhya Pradesh Gramin Bank 2025 Indore, Madhya Pradesh 1,320 Bank of India https://mpgb.bank.in
Maharashtra Maharashtra Gramin Bank 2025 Chhatrapati Sambhajinagar, Maharashtra 748 Bank of Maharashtra https://mahagramin.bank.in
Manipur Manipur Rural Bank 1981 Imphal, Manipur 28 Punjab National Bank https://manipurrural.bank.in
Meghalaya Meghalaya Rural Bank 1981 Shillong, Meghalaya 89 State Bank of India https://meghalayaruralbank.bank.in
Mizoram Mizoram Rural Bank 1983 Aizawl, Mizoram 105 State Bank of India https://mrb.bank.in
Nagaland Nagaland Rural Bank 1983 Kohima, Nagaland 12 State Bank of India https://nrb.bank.in
Odisha Odisha Grameen Bank 2025 Bhubaneswar, Odisha 979 Indian Overseas Bank https://odishabank.bank.in
Puducherry Puducherry Grama Bank 2008 Pondicherry, Puducherry 48 Indian Bank

https://pygb.bank.in

Punjab Punjab Gramin Bank 2019 Kapurthala, Punjab 458 Punjab National Bank https://pgb.bank.in
Rajasthan Rajasthan Gramin Bank 2025 Jaipur, Rajasthan 1,596 State Bank of India https://rgb.bank.in
Tamil Nadu Tamil Nadu Grama Bank 2019 Salem, Tamil Nadu 682 Indian Bank https://tngb.bank.in
Telangana Telangana Grameena Bank 2025 Hyderabad, Telangana 934 State Bank of India https://tgb.bank.in
Tripura Tripura Gramin Bank 1976 Agartala, Tripura 154 Punjab National Bank https://tripuragramin.bank.in
Uttar Pradesh Uttar Pradesh Gramin Bank 2025 Lucknow, Uttar Pradesh 4,330 Bank of Baroda https://upgb.bank.in
Uttarakhand Uttarakhand Gramin Bank 2012 Dehradun, Uttarakhand 291 State Bank of India https://ukgb.bank.in
West Bengal West Bengal Gramin Bank 2025 Kolkata, West Bengal 960 Punjab National Bank https://wbgb.bank.in

Co-operative banks

Template:See also Template:Unreferenced section

State co-operative banks (SCBs)

There are 34 state co-operative banks in India, as of 1 August 2025.[51] Template:Div col

  • 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.

Template:Div col end

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:[52]

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: Template:Columns-list

Foreign banks with branches in India

List of notable foreign banks which are incorporated outside India and are operating branches in India: Template:Columns-list

Foreign banks with representative offices in India

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

Template:Columns-list

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.[53]

There are 2 local area banks in India, as of 1 August 2025.[54]

Bank name Established Headquarters Branches Revenues Official Website Refs
Coastal Local Area Bank 1999 Vijayawada, Andhra Pradesh 50 Template:Sort https://coastal.bank.in [55][56]
Krishna Bhima Samruddhi Local Area Bank 2001 Hyderabad, Telangana 29 Template:Sort https://www.kbsbank.bank.in [57][58][2]

Payments banks

Template:Main

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

Bank name Established Headquarters Branches Revenues Official Website Refs
Airtel Payments Bank 2017 New Delhi, NCT of Delhi Template:Sort https://airtelpayments.bank.in [59][60]
India Post Payments Bank 2018 New Delhi, NCT of Delhi 650 Template:Sort https://ippbonline.bank.in [61]
Jio Payments Bank 2018 Mumbai, Maharashtra Template:Sort https://jiopayments.bank.in [62]
NSDL Payments Bank 2018 Mumbai, Maharashtra Template:INRConvert https://nsdlpayments.bank.in [63]

Small finance banks

Template:Main

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

Bank name Established Headquarters Branches Total assets Revenues Official Website Refs
AU Small Finance Bank 2017 Jaipur, Rajasthan 630 Template:Sort Template:Sort https://au.bank.in [64][65]
Capital Small Finance Bank 2016 Jalandhar, Punjab 180 Template:Sort https://capital.bank.in [65][66]
Equitas Small Finance Bank 2016 Chennai, Tamil Nadu 987 Template:Sort Template:Sort https://equitas.bank.in [67][65]
ESAF Small Finance Bank 2017 Thrissur, Kerala 756 Template:Sort Template:Sort https://esaf.bank.in [68]
Fino Small Finance Bank 2017 Mumbai, Maharashtra 410 Template:Sort https://fino.bank.in [69][70]
Jana Small Finance Bank 2018 Bengaluru, Karnataka 640 Template:Sort Template:Sort https://jana.bank.in [71][65]
Shivalik Small Finance Bank 2021 Saharanpur, Uttar Pradesh 73 Template:Sort https://shivalik.bank.in [72][73]
Slice Small Finance Bank 2017 Guwahati, Assam 232 Template:Sort https://slice.bank.in [74][65]
Suryoday Small Finance Bank 2017 Navi Mumbai, Maharashtra 695 Template:Sort https://suryoday.bank.in [75][76]
Ujjivan Small Finance Bank 2017 Bengaluru, Karnataka 752 Template:Sort Template:Sort

Template:Url

[65][77]
Unity Small Finance Bank 2021 Mumbai, Maharashtra 334 Template:Sort https://unity.bank.in [65]
Utkarsh Small Finance Bank 2018 Varanasi, Uttar Pradesh 967 Template:Sort Template:Url [65][78]

See also

Template:Portal

Notes

Template:Notelist

References

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  73. [1].
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  76. SURYODAY SMALL FINANCE BANK 2024-25 Annual Report Analysis.
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  78. Utkarsh start's operations. business-standard(4 August 2018). Retrieved 14 December 2018.

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