Central Bank
Reserve Bank of India: Came into existence wef 1/4/1935 under RBI Act, 1934.
Public Sector Banks (21): All have majority government ownership and are listed on stock
exchanges of India. State Bank of India (SBI) is the largest PSB with 23% market share and is also
a Fortune 500 company. They have a pan India presence.
- Allahabad Bank
- Andhra Bank
- Bank of Baroda
- Bank of India
- Bank of Maharashtra
- Canara Bank
- Central Bank of India
- Corporation Bank
- Dena Bank
- IDBI Bank
- Indian Bank
- Indian Overseas Bank
- Oriental Bank of Commerce
- Punjab & Sind Bank
- Punjab National Bank
- State Bank of India
- Syndicate Bank
- UCO Bank
- Union Bank of India
- United Bank of India
- Vijaya Bank
Private sector banks (21): Nedungadi Bank was the first private sector bank in India. The majority shareholding of these banks lies with private individuals or promoting groups. They are regularly snatching business from PSBs and have approximately 30% of the total banking business. They are divided into two sub groups namely, old and new private sector banks. The new private sector banks are doing better than the older ones. They are also listed on the stock markets with HDFC Bank having very large-scale market capitalisation which is more than the total PSBs market capitalisation including SBI.
- Axis Bank
- Bandhan Bank
- Catholic Syrian Bank
- City Union Bank
- DCB Bank
- Dhanlaxmi Bank
- Federal Bank
- HDFC Bank
- ICICI Bank
- IDFC Bank
- IndusInd Bank
- Jammu & Kashmir Bank
- Karnataka Bank
- Karur Vysya Bank
- Kotak Mahindra Bank
- Lakshmi Vilas Bank
- Nainital Bank
- RBL Bank(Ratnakar Bank)
- South Indian Bank
- Tamilnad Mercantile Bank Limited
- Yes Bank
Small Finance Banks (10): They were promoted for Financial Inclusion (FI) meaning gathering deposits and lending to the so far unrepresented areas. 8 of these 10 were microfinance lenders.
- Ujjivan Small Finance Bank
- Equitas Small Finance Bank
- AU Small Finance Bank
- Fincare Small Finance Bank
- ESAF Small Finance Bank
- Utkarsh Small Finance Bank
- Suryoday Small Finance Bank
- RGVN Small Finance Bank
- Capital Small Finance Bank
- Jana Small Finance Bank
Foreign Banks (45): 19 of these are listed below.
- ABN AMRO
- Abu Dhabi Commercial Bank
- Antwerp Diamond Bank
- Australia and New Zealand Banking Group
- Bank Maybank Indonesia
- Bank of America
- Bank of Bahrain and Kuwait
- Bank of Ceylon
- The Bank of Tokyo-Mitsubishi UFJ
- BarclaysBank
- Citibank India
- Credit Suisse
- DBS Bank
- Deutsche Bank
- HSBC
- Rabobank
- Royal Bank of Scotland
- Scotiabank
- Standard CharteredBank
Payments Bank: In a separate blog we have explained Payments Banks.
- Aditya Birla Payments Bank
- Airtel
- Jio
- Paytm
- India Post Payments Bank
Interbank Networks (also known as ATM networks)
Electronic funds transfers
- BBPS
- IMPS
- NEFT
- RTGS
- UPI(VPA)
- AEPS
- BHIM
Cards
- MasterCard
- Debit MasterCard
- Maestro
- RuPay
- Visa
- Visa Debit
- Visa Electron
- Visa payWave
ATM networks
- BANCS
- Cashnet
- CashTree
- India 1 ATM(White Label ATM)
- Indicash(White Label ATM)
- MITR
Payment service
- Atom
- BHIM
- BillDesk
- Chillr
- CitrusPay(Lazy Pay)
- Razorpay
- Tez
- Zeta India
Digital Wallets
- ABPB
- Amazon Pay
- Freecharge
- HDFC PayZapp
- ICICI Pockets
- Mobikwik
- Oxigen
- Paytm
- PayU
- Payworld
- Phone Pe
- SBI Buddy