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Banks in India

Public Sector Banks (PSBs)

There are 12 public sector banks in India as of 1 March 2023

Anchor BankEstablishedHeadquartersBranches
Bank of Baroda1908Gujarat9,693
Bank of India1906Maharashtra5,152
Bank of Maharashtra1935Maharashtra2,022
Canara Bank1906Karnataka9,677
Central Bank of India1911Maharashtra4,608
Indian Bank1907Tamil Nadu5,787
Indian Overseas Bank1937Tamil Nadu3,217
Punjab and Sind Bank1908NCT of Delhi1,526
Punjab National Bank1894NCT of Delhi10,769
State Bank of India1955Maharashtra22,219
UCO Bank1943West Bengal3,087
Union Bank of India1919Maharashtra9,315

Private-sector banks

There are 21 private banks in India as of 1 March 2023

Anchor BankEstablishedHeadquartersBranches
Axis Bank1993Maharashtra4,594
Bandhan Bank2015West Bengal1,627
CSB Bank1920Kerala512
City Union Bank1904Tamil Nadu702
DCB Bank1930Maharashtra352
Dhanlaxmi Bank1927Kerala245
Federal Bank1931Kerala1,272
HDFC Bank1994Maharashtra7,860
ICICI Bank1994Maharashtra5,266
IDBI Bank1964Maharashtra1,937
IDFC First Bank2015Maharashtra707
IndusInd Bank1994Maharashtra2,015
Jammu & Kashmir Bank1938Jammu and Kashmir957
Karnataka Bank1924Karnataka915
Karur Vysya Bank1916Tamil Nadu811
Kotak Mahindra Bank2003Maharashtra1,604
Nainital Bank1922Uttarakhand160
RBL Bank1943Maharashtra435
South Indian Bank1929Kerala935
Tamilnad Mercantile Bank1921Tamil Nadu509
Yes Bank2004Maharashtra1,070

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