Latest List of Banks in India 2024

All Public And Private Sector Banks In India 2024

List of All Public And Private Sector Banks In India 2024: In India, banks serve as the cornerstone of the financial system, acting as the primary conduits for channeling family funds into various sectors of the economy, both structured and unorganized. The Indian Banking System is a diverse landscape comprising various entities, including Indian Commercial Banks, Industrial Banks, Exchange Banks, Agricultural Banks, Cooperative Banks, and Indigenous Bankers. Each type of bank plays a unique role in facilitating financial transactions and supporting economic activities. At the helm of this intricate system is the Reserve Bank of India, functioning as the central bank responsible for regulating and overseeing the operations of all banks in the country.

Type of Banks in India 2024: A Comprehensive Guide

Indian banks are categorized into four major types, each serving a specific purpose in the financial ecosystem. The first type, commercial banks, can be further classified into Public Sector Banks, where the government owns most of the stock, including institutions like Punjab National Bank, State Bank of India, and Central Bank of India.

On the other hand, Private Sector Banks are predominantly owned by private individuals and include well-known names like HDFC Bank, ICICI Bank, and AXIS Bank. Regional rural banks cater to the banking needs of rural populations, while Foreign banks, such as Standard Chartered and Citibank, have their corporate headquarters located outside of India.

Additionally, Small Finance Banks and Payments Banks serve specific niches within the banking sector. Cooperative Banks play a vital role in providing financial services to local communities, often run by members who are also customers. Each type of bank plays a unique role in the economy, contributing to the overall financial well-being of individuals and businesses.

2024 List of Public Sector Banks in India

Public Sector Banks List (Post Amalgamation) 2024:

1	Bank of Baroda	View
2	Bank of India	View
3	Bank of Maharashtra	View
4	Canara Bank	View
5	Central Bank of India	View
6	Indian Bank	View
7	Indian Overseas Bank	View
8	Punjab and Sind Bank	View
9	Punjab National Bank	View
10	State Bank of India	View
11	UCO Bank	View
12	Union Bank of India	View

2024 List of Private Sector Banks in India

1	Axis Bank Ltd.	View
2	City Union Bank Ltd.	View
3	DCB Bank Ltd	View
4	Federal Bank Ltd.	View
5	HDFC Bank Ltd.	View
6	ICICI Bank Ltd.	View
7	IDBI Bank Ltd.	View
8	IDFC FIRST Bank Ltd	View
9	IndusInd Bank Ltd	View
10	Jammu and Kashmir Bank Ltd. *	View
11	Karnataka Bank Ltd.	View
12	Karur Vysya Bank Ltd.	View
13	Kotak Mahindra Bank Ltd.	View
14	RBL Bank Ltd	View
15	South Indian Bank Ltd.	View
16	Yes Bank Ltd.	View
17	Dhanlaxmi Bank Ltd.	View
18	Bandhan Bank Ltd.	View
19	CSB Bank Ltd.	View
20	Tamilnad Mercantile Bank Ltd.	View