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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 Bank Established Headquarters Branches
Bank of Baroda 1908 Gujarat 9,693
Bank of India 1906 Maharashtra 5,152
Bank of Maharashtra 1935 Maharashtra 2,022
Canara Bank 1906 Karnataka 9,677
Central Bank of India 1911 Maharashtra 4,608
Indian Bank 1907 Tamil Nadu 5,787
Indian Overseas Bank 1937 Tamil Nadu 3,217
Punjab and Sind Bank 1908 NCT of Delhi 1,526
Punjab National Bank 1894 NCT of Delhi 10,769
State Bank of India 1955 Maharashtra 22,219
UCO Bank 1943 West Bengal 3,087
Union Bank of India 1919 Maharashtra 9,315

Private-sector banks

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

Anchor Bank Established Headquarters Branches
Axis Bank 1993 Maharashtra 4,594
Bandhan Bank 2015 West Bengal 1,627
CSB Bank 1920 Kerala 512
City Union Bank 1904 Tamil Nadu 702
DCB Bank 1930 Maharashtra 352
Dhanlaxmi Bank 1927 Kerala 245
Federal Bank 1931 Kerala 1,272
HDFC Bank 1994 Maharashtra 7,860
ICICI Bank 1994 Maharashtra 5,266
IDBI Bank 1964 Maharashtra 1,937
IDFC First Bank 2015 Maharashtra 707
IndusInd Bank 1994 Maharashtra 2,015
Jammu & Kashmir Bank 1938 Jammu and Kashmir 957
Karnataka Bank 1924 Karnataka 915
Karur Vysya Bank 1916 Tamil Nadu 811
Kotak Mahindra Bank 2003 Maharashtra 1,604
Nainital Bank 1922 Uttarakhand 160
RBL Bank 1943 Maharashtra 435
South Indian Bank 1929 Kerala 935
Tamilnad Mercantile Bank 1921 Tamil Nadu 509
Yes Bank 2004 Maharashtra 1,070

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