List of banks in India

This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934 and is insured by DICGC(subsidiary of RBI).

Public Sector Banks (PSBs)
There are 12 public sector banks in India as of 1 July 2024.

Private-sector banks
There are 21 private banks in India as of 1 April 2024.

Regional Rural Banks (RRBs)
There are 43 regional rural banks in India as of 1 November 2020.

State Co-operative Banks (SCBs)
There are 33 state co-operative banks in India.


 * 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 RajyaSahakari 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-opertive Apex Bank Ltd.
 * The Himachal Pradesh State Co-operative Bank Ltd.
 * The Jammu and Kashmir State Co-operative Bank Ltd.
 * The Jharkhand State cooperative 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 Orissa State Co-operative Bank Ltd.
 * The Pondichery State Co-opertive 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 Cooperative 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.

District Central Co-operative Banks
There are a total of 352 district Central Co-operative in India.

Urban Co-operative Banks
There are 1469 urban co-operative banks in India as of 5th July, 2024.

Foreign banks
Foreign banks in India as on 14 July 2020 - Branch/WOS/Representative form of presence as per RBI:

Foreign banks operating as wholly owned subsidiary in India
List of notable banks which are incorporated outside India and are operating wholly owned subsidiary in India: • DBS Bank (Singapore)

• State Bank of Mauritius (Mauritius)

Foreign banks with branches in India
List of notable banks which are incorporated outside India and are operating branches in India: • 🇦🇺 Australia

• * Australia & New Zealand Banking Group

• 🇧🇭 Bahrain

• * Bank of Bahrain and Kuwait

• 🇧🇩 Bangladesh

• * AB Bank

• * Sonali Bank

• 🇨🇦 Canada

• * Bank of Nova Scotia

• 🇨🇳 China

• * Bank of China

• * Industrial & Commercial Bank of China

• 🇩🇰 Denmark

• * Danske Bank

• * Saxo Bank

• 🏴󠁧󠁢󠁥󠁮󠁧󠁿 England

• * Barclays

• * HSBC Bank India

• * Standard Chartered Bank

• 🇫🇷 France

• * BNP Paribas

• * Société Générale

• * Crédit Agricole Corporate and Investment Bank

• 🇩🇪 Germany

• * Deutsche Bank

• 🇮🇩 Indonesia

• * Bank Maybank Indonesia

• 🇯🇵 Japan

• * Mizuho Corporate Bank

• * MUFG Bank

• * Sumitomo Mitsui Banking Corporation

• 🇳🇱 Netherlands

• * ABN AMRO

• * Rabobank

• 🇶🇦 Qatar

• * Doha Bank

• * Qatar National Bank

• 🇷🇺 Russia

• * Sberbank

• 🏴󠁧󠁢󠁳󠁣󠁴󠁿 Scotland

• * NatWest Group

• 🇸🇬 Singapore

• * United Overseas Bank

• 🇿🇦 South Africa

• * FirstRand Bank

• 🇰🇷 South Korea

• * Industrial Bank of Korea

• * KEB Hana Bank

• * Kookmin Bank

• * Shinhan Bank

• * Woori Bank

• 🇱🇰 Sri Lanka

• * Bank of Ceylon

• 🇸🇪 Sweden

• * Handelsbanken

• 🇨🇭 Switzerland

• * Credit Suisse

• 🇹🇼 Taiwan

• * CTBC Bank

• 🇹🇭 Thailand

• * Krung Thai Bank

• 🇦🇪 United Arab Emirates

• * Abu Dhabi Commercial Bank

• * Emirates NBD

• * First Abu Dhabi Bank

•  United States of America

• * American Express

• * Bank of America

• * JPMorgan Chase

Foreign banks with representative offices
List of notable foreign banks with representative offices in India:

• Access Bank (Nigeria)

• Banco Bilbao Vizcaya Argentaria (Spain)

• Banco BPM (Italy)

• Banco de Sabadell (Spain)

• Bank of Montreal (Canada)

• Bank of Taiwan (Taiwan)

• Busan Bank (South Korea)

• Caixa Geral de Depositos (Portugal)

• Credit Industriel et Commercial (France)

• DNB Bank (Norway)

• DZ Bank (Germany)

• Gazprombank (Russia)

• Intesa Sanpaolo (Italy)

• National Australia Bank (Australia)

• Natixis (France)

• Raiffeisen Bank International (Austria)

• Skandinaviska Enskilda Banken (Sweden)

• The Bank of New York Mellon (United States)

• Toronto Dominion Bank (Canada)

• UBS AG (Switzerland)

• Wells Fargo Bank (United States)

• Zurcher Kantonalbank (Switzerland)

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.

List of Local Area Banks: • Coastal Local Area Bank Ltd

• Krishna Bhima Samruddhi LAB Ltd

Small finance banks
At present, there are 11 small sector banks in India.