In India, banks are the most conventional form of financial middleman. They are critical in directing own family finances in the direction of both structured and unorganised industries. Indian Commercial Banks, Industrial Banks, Exchange Banks, Agricultural Banks, Cooperative Banks, and Indigenous Bankers include the Indian Banking System. The Reserve Bank of India serves as the gadget’s principal financial institution.
Types of Banks
Indian banks are labeled into 4 most important types:
Commercial Banks: These are in addition categorized into
Public Sector Banks – The government owns maximum of the inventory. Punjab National Bank, State Bank of India, Central Bank of India, and other establishments are examples of public sector banks.
Private Sector Banks – Private individuals own the majority of the stake. Private banks include establishments like HDFC Bank, ICICI Bank, AXIS Bank, and so forth.
Regional rural banks,
Foreign banks – Foreign banks are those with their company headquarters placed outside of India. Standard Chartered, American Express, Citibank, and different institutions are examples of overseas area banks.
Small Finance Banks
Payments Banks
Cooperative Banks
List of Public Sector Banks
| Bank Name | Establishment | Headquarter |
| Bank of Baroda | 1908 | Vadodara, Gujrat |
| Bank of India | 1906 | Mumbai, Maharashtra |
| Bank of Maharashtra | 1935 | Pune, Maharashtra |
| Canara Bank | 1906 | Bengaluru, Karnataka |
| Central Bank of India | 1911 | Mumbai, Maharashtra |
| Indian Overseas Bank | 1937 | Chennai, Tamil Nadu |
| Punjab and Sind Bank | 1908 | New Delhi, Delhi |
| State Bank of India | 1955 | Mumbai, Maharashtra |
| UCO Bank | 1943 | Kolkata, West Bengal |
| Union Bank of India | 1919 | Mumbai, Maharashtra |
| Punjab National Bank | 1894 | New Delhi, Delhi |
| Indian Bank | 1907 | Chennai, Tamil Nadu |
List of Private Sector Banks
| Bank Name | Establishment | Headquarter |
| Axis Bank | 1993 | Mumbai, Maharashtra |
| Bandhan Bank | 2015 | Kolkata, West Bengal |
| CSB Bank | 1920 | Thrissur, Kerala |
| City Union Bank | 1904 | Thanjavur, Tamil Nadu |
| DCB Bank | 1930 | Mumbai, Maharashtra |
| Dhanlaxmi Bank | 1927 | Thrissur, Kerala |
| Federal Bank | 1931 | Aluva, Kerala |
| HDFC Bank | 1994 | Mumbai, Maharashtra |
| ICICI Bank | 1994 | Mumbai, Maharashtra |
| Induslnd Bank | 1964 | Mumbai, Maharashtra |
| IDFC First Bank | 2015 | Mumbai, Maharashtra |
| Jammu and Kashmir Bank | 1938 | Srinagar, Jammu and Kashmir |
| Karnataka Bank | 1924 | Mangaluru, Karnatka |
| Karur Vysya Bank | 1916 | Karur, Tamil Nadu |
| Kotak Mahindra Bank | 2003 | Mumbai, Maharashtra |
| IDBI Bank | 1964 | Mumbai, Maharashtra |
| Nainital Bank | 1922 | Nainital, Uttrakhand |
| RBL Bank | 1943 | Mumbai, Maharashtra |
| South Indian Bank | 1929 | Thrissur, Kerala |
| Tamilnad Mercantile Bank | 1921 | Toothukudi, Tamil Nadu |
| YES Bank | 2004 | Mumbai, Maharashtra |
