List of Public and Private Sector Banks in India By Capital (After Merger)

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.

List of Public and Private Sector Banks in India

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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.

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List of Public Sector Banks in India (After Merger)

List of PSU BanksNumber of BranchesNumber of ATMsHeadquarterEstablishment
State Bank of India (SBI)2400058559Mumbai1955
Punjab National Bank (With Merger of Oriental Bank of Commerce and United Bank of India)114378985New Delhi1894
Bank of Baroda131539583Vadodara1908
Canara Bank (With Merger of Syndicate Bank)880110342Bengaluru1906
Union Bank of India (With Merger of Andhra Bank and Corporation Bank)67989609Mumbai1919
Bank of India58255000Mumbai1906
Indian Bank (With Merger of Allahabad Bank)39566104Chennai1907
Central Bank of India28764666Mumbai1911
Indian Overseas Bank29953400Chennai1937
UCO Bank23774000Kolkata1943
Bank of Maharashtra18601897Pune1935
Punjab & Sindh Bank10451554New Delhi1908

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List of Private Sector Banks in India (After Merger)

List of Private BanksNumber of BranchesNumber of ATMsHeadquarterEstablishment
Axis Bank409417315Mumbai1993
Bandhan Bank1000485Kolkata, West Bengal2015
Catholic Syrian Bank426290Thrissur, Kerala1920
City Union Bank6001724Thanjavur, Tamil Nadu1904
DCB Bank3234,99Mumbai, Maharashtra1930
Dhanlaxmi Bank2693,46Thrissur, Kerala1927
Federal Bank12521598Aluva, Kerala1931
HDFC Bank478713514Mumbai, Maharashtra1994
ICICI Bank488215159Mumbai, Maharashtra1994
IDBI Bank18923693Mumbai, Maharashtra1964
IDFC First Bank301216Mumbai, Maharashtra2015
IndusInd Bank10042662Mumbai, Maharashtra1964
Jammu & Kashmir Bank9581322Srinagar, Jammu and Kashmir1938
Karnataka Bank8351503Mangaluru, Karnataka1924
Karur Vysya Bank6681641Karur, Tamil Nadu1916
Kotak Mahindra Bank13692429Mumbai, Maharashtra2003
Lakshmi Vilas Bank5701045Chennai, Tamil Nadu1926
Nainital Bank135Nainital, Uttarakhand1922
RBL Bank342Mumbai, Maharashtra1943
South Indian Bank8521393Thrissur, Kerala1929
Tamilnad Mercantile Bank Limited5091156Thoothukudi, Tamil Nadu1921
Yes Bank10501305Mumbai, Maharashtra2004

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Net Profit of Top 20 Banks for Financial Year 2019-20 Across Different Quarters

Note: (-) sign express the net loss

List of BanksQuarter 1 (In INR)Quarter 2 (In INR)Quarter 3 (In INR)
SBI2,312 Cr3,011.73 Cr5,583 Cr
HDFC Bank5,568.19 Cr6,345 Cr7,416.48 Cr
ICICI Bank1,908 Cr654.96 Cr4,146 Cr
Punjab National Bank1,018.63 Cr507.05 Cr-492.28 Cr
Bank of Baroda709.87 Cr737 Cr-1,407 Cr
Axis Bank1,370 Cr-112 Cr1,757 Cr
Kotak Mahindra Bank1,360 Cr1,724 Cr1,596 Cr
Bank of India242.62 Cr266.37 Cr105.52 Cr
Canara Bank329.07 Cr364.92 Cr329.62 Cr
IndusInd Bank1,220 Cr1,383.37 Cr1,300.20 Cr
YES Bank113.76 Cr108.50 CrResults Awaited
OBC112.68 Cr125.90 Cr201.66 Cr
Karnataka Bank175.42 Cr105.91 Cr123.14 Cr
Indian Overseas Bank-342.08 Cr-2,253.64 Cr-6,075.49 Cr
Syndicate Bank-980.46 Cr251.05 Cr434.82 Cr
RBL Bank267.10 Cr54.30 Cr70 Cr
UCO Bank-601.45 Cr-891.98 Cr-960.17 Cr
Union Bank of India224.43 Cr-1,193.61 Cr574.58 Cr
United Bank of India104.99 Cr123.88 Cr113.56 Cr

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