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India’s banking sector plays a pivotal role in the country’s economic growth and financial stability. With a vast network of banks operating across the nation, individuals and businesses have access to various financial services that cater to their diverse needs. Whether it’s saving money, securing loans, or managing investments, banks are indispensable in our daily lives. Understanding the full range of all bank name list in India is essential for anyone looking to make informed financial decisions.
India’s banking system is vast and diverse, with banks categorized into public sector banks, private sector banks, foreign banks, regional rural banks, and cooperative banks. Each type of bank serves a unique purpose, ensuring that financial services are accessible to every corner of the country. From large, government-owned institutions like the State Bank of India (SBI) to innovative private banks like HDFC Bank, and from rural-focused regional banks to international foreign banks like Citibank, the Indian banking ecosystem is well-equipped to meet varied financial demands.
Public sector banks, owned by the government, are the backbone of the banking industry in India. They are trusted by millions of customers for their stability and extensive reach. On the other hand, private sector banks are known for their customer-centric approach, modern technology, and competitive financial products. Foreign banks bring global expertise and specialized services to the Indian market, while regional rural banks focus on empowering rural and agricultural sectors. Cooperative banks, often smaller in scale, are vital in promoting financial inclusion among small businesses and local communities.
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Classification of Banks in India
The banking sector in India is broadly classified into two categories: Scheduled Banks and Non-Scheduled Banks. Scheduled banks are further divided into:
- Public Sector Banks
- Private Sector Banks
- Foreign Banks
- Regional Rural Banks (RRBs)
- Cooperative Banks
Below, you’ll find a detailed all bank name list categorized for easy reference.
Public Sector Banks (Government-Owned Banks)
Public Sector Banks are those in which the government holds a majority stake. They are among the most trusted banks in India.
| Bank Name | Headquarters | Founded |
| State Bank of India (SBI) | Mumbai, Maharashtra | 1955 |
| Punjab National Bank (PNB) | New Delhi | 1894 |
| Bank of Baroda | Vadodara, Gujarat | 1908 |
| Canara Bank | Bengaluru, Karnataka | 1906 |
| Union Bank of India | Mumbai, Maharashtra | 1919 |
| Indian Bank | Chennai, Tamil Nadu | 1907 |
| Bank of India | Mumbai, Maharashtra | 1906 |
| Central Bank of India | Mumbai, Maharashtra | 1911 |
| UCO Bank | Kolkata, West Bengal | 1943 |
| Indian Overseas Bank | Chennai, Tamil Nadu | 1937 |
These banks cater to the majority of India’s population and focus on financial inclusion.
Private Sector Banks
Private sector banks are owned by private entities. They offer competitive services and advanced technologies.
| Bank Name | Headquarters | Founded |
| HDFC Bank | Mumbai, Maharashtra | 1994 |
| ICICI Bank | Mumbai, Maharashtra | 1994 |
| Axis Bank | Mumbai, Maharashtra | 1993 |
| Kotak Mahindra Bank | Mumbai, Maharashtra | 2003 |
| Yes Bank | Mumbai, Maharashtra | 2004 |
| IndusInd Bank | Mumbai, Maharashtra | 1994 |
| IDFC First Bank | Mumbai, Maharashtra | 2015 |
| Federal Bank | Aluva, Kerala | 1931 |
Private banks are known for excellent customer service, innovative financial products, and digital banking solutions.
Also Check: Privatization of Banks Pros and Cons
Foreign Banks in India
Foreign banks operate as branches of international banks. They cater mainly to corporate and high-net-worth individuals.
| Bank Name | Country of Origin | Headquarters in India |
| Citibank | USA | Mumbai |
| HSBC | UK | Mumbai |
| Deutsche Bank | Germany | Mumbai |
| Standard Chartered Bank | UK | Mumbai |
| Barclays Bank | UK | Mumbai |
These banks often provide specialized services like international banking, foreign exchange, and trade financing.
Regional Rural Banks (RRBs)
Regional Rural Banks focus on providing banking services in rural and semi-urban areas. These banks support agriculture, small industries, and rural development.
| Bank Name | Sponsored by | Region of Operation |
| Andhra Pradesh Grameena Vikas Bank | State Bank of India | Andhra Pradesh |
| Baroda UP Bank | Bank of Baroda | Uttar Pradesh |
| Karnataka Gramin Bank | Canara Bank | Karnataka |
| Kerala Gramin Bank | Canara Bank | Kerala |
| Madhya Pradesh Gramin Bank | State Bank of India | Madhya Pradesh |
Cooperative Banks
Cooperative Banks are small financial institutions that cater to the needs of small businesses, farmers, and rural populations.
| Bank Name | Category | Region |
| Saraswat Cooperative Bank | Urban Cooperative Bank | Maharashtra, Goa |
| Cosmos Cooperative Bank | Urban Cooperative Bank | Maharashtra |
| Punjab State Cooperative Bank | State Cooperative Bank | Punjab |
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All Bank Name List in India
Below is a consolidated all bank name list in India, combining public, private, and other banks for easy reference:
Public Sector Banks
- State Bank of India (SBI)
- Punjab National Bank (PNB)
- Bank of Baroda
- Canara Bank
- Union Bank of India
- Indian Bank
- Bank of India
- Central Bank of India
- UCO Bank
- Indian Overseas Bank
Private Sector Banks
- HDFC Bank
- ICICI Bank
- Axis Bank
- Kotak Mahindra Bank
- Yes Bank
- IndusInd Bank
- IDFC First Bank
- Federal Bank
Foreign Banks
- Citibank
- HSBC
- Standard Chartered Bank
- Deutsche Bank
- Barclays Bank
Regional Rural Banks
- Andhra Pradesh Grameena Vikas Bank
- Karnataka Gramin Bank
Cooperative Banks
- Saraswat Cooperative Bank
- Cosmos Cooperative Bank
How to Choose the Right Bank?
With so many options in the all bank name list, here are some tips for choosing the right bank for your needs:
- Purpose of Banking: Identify your needs—savings, business, or loans—and choose a bank specializing in those services.
- Digital Banking Features: Opt for a bank offering robust online and mobile banking.
- Branch and ATM Network: Consider the accessibility of branches and ATMs.
- Interest Rates: Compare interest rates on savings and loans across different banks.
- Customer Service: Choose a bank known for excellent customer support.
FAQs on All Bank Names List in India
What is the full name of IDIB Bank?
The full name of IDIB Bank is Indian Bank. It is a public sector bank headquartered in Chennai, Tamil Nadu.
What does UTIB Bank stand for?
UTIB is the code for Axis Bank, a leading private sector bank in India, known for its customer-centric services and digital banking solutions.
What is the full name of IBKL Bank?
IBKL is the code for IDBI Bank Limited. Initially established as a development financial institution, it now operates as a commercial bank.
Where can I find the complete all bank name list in India?
A complete all bank name list in India includes public sector banks (like SBI and PNB), private sector banks (like HDFC and ICICI), regional rural banks, cooperative banks, and foreign banks. You can refer to RBI’s official website or comprehensive guides online.
What is the bank name for BKID?
BKID is the short code for Bank of India, a major public sector bank headquartered in Mumbai.
What does CBIN Bank stand for?
CBIN is the code for Central Bank of India, one of the oldest and largest public sector banks in India, headquartered in Mumbai.
What is the full name of KKBK Bank?
KKBK is the code for Kotak Mahindra Bank, a prominent private sector bank offering a wide range of banking and financial services.
What is the new name for Allahabad Bank?
Allahabad Bank has been merged with Indian Bank as part of the Indian government’s banking consolidation initiative.
What is the bank name for UCBA?
UCBA is the code for UCO Bank, a public sector bank headquartered in Kolkata, West Bengal.
What does HDFC Bank stand for?
The full name of HDFC Bank is Housing Development Finance Corporation Bank, a leading private sector bank in India.
What is the meaning of DOPBNK Bank?
DOPBNK refers to the Department of Post Bank, better known as India Post Payments Bank (IPPB), which focuses on financial inclusion.
What is the bank name for BDBL?
BDBL is the code for Bandhan Bank, a new-generation private sector bank focusing on financial inclusion and microfinance.
What does KVBL stand for?
KVBL is the code for Karur Vysya Bank, a Tamil Nadu-based private sector bank.
What is the full name of IOBA Bank?
IOBA is the code for Indian Overseas Bank, a public sector bank headquartered in Chennai, Tamil Nadu.
What is the government bank name list in India?
The government bank name list includes public sector banks like State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BOB), Canara Bank, Indian Bank, and Union Bank of India.
