As we all know that all the banking rules and all the activities related to banking is managed and developed by the apex bank of India i.e. Reserve Bank Of India. Scheduled Banks are the banks that have been mentioned in the 2nd schedule of the Reserve Bank of India (BRI) Act 1934. The banks are-
- Private Sector Banks
- Public Sector Banks
- Foreign Banks
- Private Sector Banks- These are the banks where the private individuals or the corporations hold more than 51 percent of stake. ICICI Bank, IDBI Bank, IDFC First Bank, Yes Bank are some Private Sector Banks- These are the banks where the private individuals or the corporations hold the majority that is more than 51 percent of stake. ICICI Bank, IDBI Bank, IDFC First Bank, Yes Bank are some of the examples of Private banks.
- Public Sector Banks- These are the banks where the government holds more than 51 percent of stake. State Bank of India (SBI), BOB, Union Bank of India, Bank of Maharashtra are some of the examples of Public Sector banks.
- Foreign Banks- The banks having the Head office outside India is deemed to the foreign bank. American Express, Standard Chartered Bank Citi Bank are the example of Foreign banks.
SBI Bank Holidays 2021 By State
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List of Public and Private Sector Banks in India
List of Public and Private Sector Banks in India By Capital (After Merger) have been provided on this page. The list contains the bank name, number of branches, number of ATMs, headquarter, and year of establishment. You are suggested to have a look at the provided list.
Important Note: On 30 August, in the year 2019 total of Ten (10) Public Sector Banks (PSB) were merged with Four (04) big Public Sector Banks. After the Merger, the total number of PSB has been reduced, and now there are total Twelve (12) PSB, including State Bank of India (SBI), Bank of Baroda, Indian Overseas Bank, and Bank of Maharashtra. On the other hand, now there are total Twenty-Two (22) Private sector Banks in India, including ICICI Bank, IDBI Bank, IDFC First Bank, Yes Bank. The list of all the Public Sector and Private sector Banks have been provided on this page.
List of Public Sector Banks in India (After Merger)
| List of PSU Banks | Number of Branches | Number of ATMs | Headquarter | Establishment |
| State Bank of India (SBI) | 24000 | 58559 | Mumbai | 1955 |
| Punjab National Bank (With Merger of Oriental Bank of Commerce and United Bank of India) | 11437 | 8985 | New Delhi | 1894 |
| Bank of Baroda | 13153 | 9583 | Vadodara | 1908 |
| Canara Bank (With Merger of Syndicate Bank) | 8801 | 10342 | Bengaluru | 1906 |
| Union Bank of India (With Merger of Andhra Bank and Corporation Bank) | 6798 | 9609 | Mumbai | 1919 |
| Bank of India | 5825 | 5000 | Mumbai | 1906 |
| Indian Bank (With Merger of Allahabad Bank) | 3956 | 6104 | Chennai | 1907 |
| Central Bank of India | 2876 | 4666 | Mumbai | 1911 |
| Indian Overseas Bank | 2995 | 3400 | Chennai | 1937 |
| UCO Bank | 2377 | 4000 | Kolkata | 1943 |
| Bank of Maharashtra | 1860 | 1897 | Pune | 1935 |
| Punjab & Sindh Bank | 1045 | 1554 | New Delhi | 1908 |
List of Private Sector Banks in India (After Merger)
| List of Private Banks | Number of Branches | Number of ATMs | Headquarter | Establishment |
| Axis Bank | 4094 | 17315 | Mumbai | 1993 |
| Bandhan Bank | 1000 | 485 | Kolkata, West Bengal | 2015 |
| Catholic Syrian Bank | 426 | 290 | Thrissur, Kerala | 1920 |
| City Union Bank | 600 | 1724 | Thanjavur, Tamil Nadu | 1904 |
| DCB Bank | 323 | 4,99 | Mumbai, Maharashtra | 1930 |
| Dhanlaxmi Bank | 269 | 3,46 | Thrissur, Kerala | 1927 |
| Federal Bank | 1252 | 1598 | Aluva, Kerala | 1931 |
| HDFC Bank | 4787 | 13514 | Mumbai, Maharashtra | 1994 |
| ICICI Bank | 4882 | 15159 | Mumbai, Maharashtra | 1994 |
| IDBI Bank | 1892 | 3693 | Mumbai, Maharashtra | 1964 |
| IDFC First Bank | 301 | 216 | Mumbai, Maharashtra | 2015 |
| IndusInd Bank | 1004 | 2662 | Mumbai, Maharashtra | 1964 |
| Jammu & Kashmir Bank | 958 | 1322 | Srinagar, Jammu and Kashmir | 1938 |
| Karnataka Bank | 835 | 1503 | Mangaluru, Karnataka | 1924 |
| Karur Vysya Bank | 668 | 1641 | Karur, Tamil Nadu | 1916 |
| Kotak Mahindra Bank | 1369 | 2429 | Mumbai, Maharashtra | 2003 |
| Lakshmi Vilas Bank | 570 | 1045 | Chennai, Tamil Nadu | 1926 |
| Nainital Bank | 135 | – | Nainital, Uttarakhand | 1922 |
| RBL Bank | 342 | – | Mumbai, Maharashtra | 1943 |
| South Indian Bank | 852 | 1393 | Thrissur, Kerala | 1929 |
| Tamilnad Mercantile Bank Limited | 509 | 1156 | Thoothukudi, Tamil Nadu | 1921 |
| Yes Bank | 1050 | 1305 | Mumbai, Maharashtra | 2004 |
Net Profit of Top 20 Banks for Financial Year 2019-20 Across Different Quarters
Note: (-) sign express the net loss
| List of Banks | Quarter 1 (In INR) | Quarter 2 (In INR) | Quarter 3 (In INR) |
| SBI | 2,312 Cr | 3,011.73 Cr | 5,583 Cr |
| HDFC Bank | 5,568.19 Cr | 6,345 Cr | 7,416.48 Cr |
| ICICI Bank | 1,908 Cr | 654.96 Cr | 4,146 Cr |
| Punjab National Bank | 1,018.63 Cr | 507.05 Cr | -492.28 Cr |
| Bank of Baroda | 709.87 Cr | 737 Cr | -1,407 Cr |
| Axis Bank | 1,370 Cr | -112 Cr | 1,757 Cr |
| Kotak Mahindra Bank | 1,360 Cr | 1,724 Cr | 1,596 Cr |
| Bank of India | 242.62 Cr | 266.37 Cr | 105.52 Cr |
| Canara Bank | 329.07 Cr | 364.92 Cr | 329.62 Cr |
| IndusInd Bank | 1,220 Cr | 1,383.37 Cr | 1,300.20 Cr |
| YES Bank | 113.76 Cr | 108.50 Cr | Results Awaited |
| OBC | 112.68 Cr | 125.90 Cr | 201.66 Cr |
| Karnataka Bank | 175.42 Cr | 105.91 Cr | 123.14 Cr |
| Indian Overseas Bank | -342.08 Cr | -2,253.64 Cr | -6,075.49 Cr |
| Syndicate Bank | -980.46 Cr | 251.05 Cr | 434.82 Cr |
| RBL Bank | 267.10 Cr | 54.30 Cr | 70 Cr |
| UCO Bank | -601.45 Cr | -891.98 Cr | -960.17 Cr |
| Union Bank of India | 224.43 Cr | -1,193.61 Cr | 574.58 Cr |
| United Bank of India | 104.99 Cr | 123.88 Cr | 113.56 Cr |
CA Shivam Channa is a trusted financial writer with deep knowledge of financial systems. He has over 10 years of experience in writing His articles are always well researched and provide great insights into the topic at hand.