Well the bank is not a new name and everyone knows that some are private and some are government. But when it comes to how many banks are there in India? And how many governments and private banks are there? Many people don’t know about it, even those who study the treasurer are lost. And we thought someone had to explain it in detail so that everyone could have access to the information.
We will find here the number of banks in India, number of government banks and their names, number of private banks and their names and which banks in India have overseas branches, RBI (Reserve Bank of India ) this is the bank account. Therefore, it will not be on the list because RBI customers are banks themselves, from here people are not used to entering banks.
How many banks are there in India?
In India, the number of banks together exceeds 100, in which there are 13 public sector banks, 20 private banks, 43 regional rural banks, and 6 digital payment banks. To understand better about all these, we will see the list and name of all. All the banks in the country are divided into 4 different categories. You will get complete information from the list given below, so that you will understand which bank is in the list.
Reserve Bank of India is the central bank and where is it known as the bank of banks. Because it works only with the banks of the country. In such a situation, we and you cannot use it. So we have not put the Reserve Bank in this list.
- Commercial banks
- Small finance banks
- Payments banks
- Co-operative banks
Commercial banks
There are 4 types of banks in commercial banks, public sector, private sector, regional rural banks and foreign banks. At present there are about 100 commercial banks in the country. Here in the list you will find the names of all commercial banks, suppose this is the main category of banking service, almost all government, private banks come in this list. The general public mostly knows about this category and it is certain that if you have a bank account then it will be in any of the commercial banks.
1. Public-sector banks
These are such banks which are kept in the list of government banks. Because most of their shares are with the government. The government has more than 50% shares of all public sector banks in the country. Some of their names are as follows.
- Bank Of Baroda
- bank of india
- Bank Of Maharashtra
- Canara Bank
- Central Bank Of India
- Indian Bank
- Indian Overseas Bank
- Jammu and Kashmir Bank
- Punjab And Sind Bank
- Punjab National Bank
- state Bank of India
- UCO Bank
- Union Bank of India
2. Private-sector banks
There are currently 20 private banks in the country which are managed by a private institution. Many big banks are included in this list and their names are as follows.
- axis Bank
- Bandhan Bank
- csb bank
- city union bank
- DCB Bank
- Dhanlaxmi Bank
- federal bank
- HDFC bank
- ICICI Bank
- IDBI Bank
- IDFC First Bank
- indusind bank
- Karnataka Bank
- Karur Vysya Bank
- Kotak Mahindra Bank
- Nainital Bank
- RBL Bank
- South Indian Bank
- Tamil Nadu Mercantile Bank
- Yes Bank
3. Regional Rural Banks
There are many such banks in the country which do the work of rural development and today their total number is 43. All of them work according to the state and are mainly limited to one state. But there is no such rule that it cannot open its branch in another state. Here everyone’s name will be found in the list.
- Andhra Pradesh Rural Development Bank
- Andhra Pragathi Gramin Bank
- Chaitanya Godavari Gramin Bank
- Saptagiri Gramin Bank
- Arunachal Pradesh Gramin Bank
- Assam Rural Development Bank
- South Bihar Gramin Bank
- Uttar Bihar Gramin Bank
- Chhattisgarh Rajya Gramin Bank
- Baroda Gujarat Gramin Bank
- Saurashtra Gramin Bank
- Sarva Haryana Gramin Bank
- Himachal Pradesh Gramin Bank
- Elaqui Dehati Bank
- Jammu and Kashmir Gramin Bank
- Jharkhand State Gramin Bank
- Pragati Krishna Gramin Bank
- Karnataka Vikas Grameena Bank
- Kerala Gramin Bank
- Madhya Pradesh Gramin Bank
- Madhyanchal Gramin Bank
- Maharashtra Gramin Bank
- Vidarbha Konkan Gramin Bank
- Manipur Gramin Bank
- Meghalaya Gramin Bank
- Mizoram Rural Bank
- Nagaland Gramin Bank
- Odisha Gramya Bank
- Utkal Gramin Bank
- Puduvai Bharathiar Village Bank
- Punjab Gramin Bank
- Rajasthan Marudhara Gramin Bank
- Baroda Rajasthan Kshetriya Gramin Bank
- Tamil Nadu Grama Bank
- Telangana Gramin Bank
- Tripura Gramin Bank
- Aryavart Bank
- Baroda UP Bank
- First UP Gramin Bank
- Uttarakhand Gramin Bank
- Bangia Rural Development Bank
- Paschim Banga Gramin Bank
- Uttarbanga Regional Rural Bank
4. Foreign banks
There are also many foreign banks in the country but most of them work for credit card service. Their branches are only to improve banking facilities. There are only a few banks which have owned subsidiaries in India. In such a situation, only these are necessary for us because only here you can create an account.
Small finance banks
Small finance banking has been started in the country only a few years back and now there are 10 small finance banks in the country. Which provide facilities like small level banking service such as loan, credit and debit.
- Ujjivan Small Finance Bank
- Jana Small Finance Bank
- Equitas Small Finance Bank
- AU Small Finance Bank
- Capital Small Finance Bank
- Fincare Small Finance Bank
- ESAF Small Finance Bank
- North East Small Finance Bank
- Suryoday Small Finance Bank
- Utkarsh Small Finance Bank
Payments banks
Digital payments are growing rapidly in the country and big companies like Airtel and Jio have also made their own payment banks. This is specially done by a company to make its facilities easier and by keeping maximum information about the customer, help them in providing service and offers accordingly.
In today’s time, there are 6 payment banks in the country, which are being used by people and all of you will definitely have an account like this in some or the other bank.
- airtel payments bank
- India Post Payments Bank
- Paytm Payments Bank
- Jio Payments Bank
- Fino Payments Bank
- NSDL Payments Bank
Co-operative banks
There are two types of cooperative banks, state and urban, and together there are more than 80 cooperative banks in the country, which are working in the state and city. Maybe not yours, but someone will definitely have an account at home in this type of bank because it is easy to get loans and other facilities from here.
- There are total 32 State Co-operative Banks in the country and you can put State Co-operative Bank Ltd. in front of the name of each state of the country. If you add it, it will become a cooperative bank of that state and in the same way you will know the name of all the union territories in front of their names.
- There are a total of 53 Urban Co-operative Banks which are named after different cities. In such a situation, in the city where you live, then you will definitely get to see such a bank which is in the name of your city. Such a bank is known as Urban Co-operative Bank.
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