List of Popular Banks in India.

State Bank of India (SBI) a Fortune 500 company, is an Indian Multinational, Public Sector Banking and Financial services statutory body headquartered in Mumbai. The rich heritage and legacy of over 200 years, accredit SBI as the most trusted Bank by Indians through generations.

SBI, the largest Indian Bank with 1/4th market share, serves over 45 crore customers through its vast network of over 22,000 branches, 62617 ATMs/ADWMs, 71,968 BC outlets, with an undeterred focus on innovation, and customer centricity, which stems from the core values of the Bank - Service, Transparency, Ethics, Politeness and Sustainability.

HDFC Bank is one of India’s leading private banks and was among the first to receive approval from the Reserve Bank of India (RBI) to set up a private sector bank in 1994. Today, HDFC Bank has a banking network of 6,499 branches and 18,868 ATMs in 3,226 cities/towns.

ICICI was established in 1955 as a development financial institution to provide medium-term and long-term project financing to Indian businesses. Until the 1980s, it focused primarily on project finance. However, with the liberalization of the financial sector in India in the 1990s, ICICI transformed its business from a development financial institution to a diversified financial services provider, offering a wide range of products and services.

As India's economy became more market-oriented and integrated with the world economy, ICICI capitalized on new opportunities to provide a broader spectrum of clients with financial products and services. In 1994, ICICI Bank was incorporated as a part of the ICICI group, and in 1999, ICICI became the first Indian company and the first bank or financial institution from non-Japan Asia to be listed on the New York Stock Exchange.

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture, and Retail Businesses. The Bank has a large footprint of 4,758 domestic branches (including extension counters) with 10,990 ATMs & 5,972 cash recyclers spread across the country as of 31st March 2022.

The Bank has 6 Axis Virtual Centers with over 1,500 Virtual Relationship Managers as of 31st March 2022. The Overseas operations of the Bank are spread over eight international offices with branches in Singapore, Dubai (at DIFC), and Gift City-IBU; representative offices in Dhaka, Dubai, Abu Dhabi, and Sharjah and an overseas subsidiary in London, UK. The international offices focus on Corporate Lending, Trade Finance, Syndication, Investment Banking, Liability Businesses, and Private Banking/Wealth Management offerings.

From launching Kotak Mahindra Finance Ltd. in 1985 to becoming one of the country’s most trusted financial institutions today, it’s been quite a journey. The Bank is a private sector bank and offers a range of banking and financial services including personal and corporate banking, loans, insurance, and investment products.

Bank of Baroda is an Indian state-owned International banking and financial services company headquartered in Vadodara (earlier known as Baroda) in Gujarat, India. The bank was founded by the Maharaja of Baroda, Maharaja Sayajirao Gaekwad III on 20 July 1908.

The bank, along with 13 other major commercial banks of India, was nationalized on 19 July 1969, by the Government of India and has been designated as a profit-making public sector undertaking (PSU).

Punjab National Bank (PNB), India’s first Swadeshi Bank, commenced its operations on April 12, 1895, from Lahore, with an authorized capital of Rs. 2 Lakh and working capital of Rs. 20,000.

The Bank was established in the spirit of nationalism and was the first bank purely managed by Indians with Indian Capital. During the long history of the Bank, 9 banks have been merged/ amalgamated with PNB.

Union Bank of India is one of the leading public-sector banks in the country. The Bank is a listed entity and the Government of India holds 83.49 percent of the Bank’s total share capital. The Bank, having its headquarters in Mumbai (India), was registered on November 11, 1919, as a limited company. Recently, Andhra Bank and Corporation Bank were amalgamated into Union Bank of India with effect from 01.04.2020.

Today, it has a network of 8,700+ domestic branches, 10,900+ ATMs, and 16,200+ BC Points serving over 153+ million customers with 76,000+ employees . The Bank’s total business as of 31st December 2022 stood at Rs.18,69,042 crore, comprising Rs. 10,65,027 crore of deposits and Rs. 8,04,015 crore of advances as of 31st December 2022.

The Bank also has 3 branches overseas in Hong Kong, Dubai International Financial Centre (UAE) & Sydney (Australia); 1 representative office in Abu Dhabi (UAE); 1 banking subsidiary in London (UK); 1 banking joint venture in Malaysia; 4 para-banking subsidiaries (domestic); 2 joint ventures and 1 associate - Chaitanya Godavari Gramin Bank. The Bank has received several awards and recognition for its prowess in technology, digital banking, financial inclusion, MSME, and the development of human resources.

Indian Bank was incorporated on March 5, 1907, with an Authorized Capital of Rs 20 lakhs and commenced its business on August 15, 1907.

In the year 1907, the Indian Bank Ltd. had the tree ‘Banyan’ as a part of its emblem denoting all-around progress, growth, and ever-increasing prosperity.

IDBI Bank Limited is a development finance institution under the ownership of the Life Insurance Corporation of India and the Government of India.

It was established in 1964 as the Industrial Development Bank of India, a development finance institution, which provided financial services to the industrial sector.