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Bank of Baroda Bank of India ICICI Bank Punjab National Bank State Bank of India
Bank of Baroda Bank of India ICICI Bank Punjab National Bank State Bank of India

ABN AMRO India – ABN AMRO commenced operations in India in 1920 when the first branch was opened in Kolkata. In March 2010, ABN AMRO Bank N.V. in India was renamed The Royal Bank of Scotland N.V. in India.

Allahabad Bank – The oldest joint stock bank in the country with over 3,100 locations. In 2007, it opened first overseas branch in Hong Kong. As of March 31, 2015, it had total assets of INR 2.28 trillion (US$36.4 billion).

Andhra Bank was founded in 1923 by the eminent freedom fighter and a multifaceted genius, Dr. Bhogaraju Pattabhi Sitaramayya. Andhra Bank opened a representative office in Dubai in 2006 and another at Jersey City (USA) in June 2009.

Abu Dhabi Commercial Bank India (ADCBI) started its business in India in 1980. It has offices in Mumbai and Bangalore. Abu Dhabi Commercial Bank is one of the largest commercial banks in UAE.

Axis Bank Limited (formerly UTI Bank) was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank has a wide network of approximately 2,590 offices and 12,900 ATMs (June 2015), one of the largest ATM networks in the country. The Bank's registered office is located in Ahmedabad and its central office in Mumbai.

Bank of India – The 5th largest bank in India with nearly 4,900 domestic branches and more than INR 6.25 trillion (US$100.03 billion) in total assets (March 2015). It also has over 50 offices abroad.

Bank of Baroda – One of the largest banks in India with over 5,220 local and 105 international branches and over 8,000 ATMs. BoB was established in July 1908 by Maharajah of Baroda, Sir Sayajirao Gaekwad III. As of April 29, 2016, it had a market capitalization of INR 363.8 billion (US$5.5 billion).

Canara Bank was founded by Shri Ammembal Subba Rao Pai, a great visionary and philanthropist in July 1906, at Mangalore. Today, Canara Bank occupies a premier positions among the Indian banks. As of June 2015, the company has nearly 5,700 branches and over 8,500 ATMs.

Central Bank of India is a public sector bank. It has a large network with over 4,695 branches and 4,835 ATMs in 29 States and 6 Union Territories.

Centurion Bank of Punjab was an Indian private-sector bank that provided retail and corporate banking services. In 2008, HDFC Bank acquired Centurion Bank of Punjab.

Citibank India – A private sector bank with more than 1.2 million retail customers. With over 2.3 million cards in force, it serves the full spectrum of clients through 45 full-service branches across 28 locations. In 2014, the company reported profit after tax of INR 28.9 billion (US$457 million).

Corporation Bank was established in 1906 and currently operates a network of 2,298 offices and 2,935 ATMs. As of March 2015, the Bank had total assets of INR 2.260 trillion (US$36.157 billion) and total equity of INR 105.137 billion (US$1.68 billion)

DCB (Development Credit Bank Ltd)

Dena Bank was founded in 1938 by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company. It became a public company in December 1939 and later the name was changed to Dena Bank. In July 1969, Dena Bank was nationalized and is now a public sector bank with total assets of US$20.8 billion (3/2015). It has a network of 1,740 branches and over 1,432 ATMs across the country. The head office is located in Mumbai.

Deutsche Bank established its first branch in India in 1980. Currently, it employs more than 9,800 people and has offices in 17 cities. DBI has recently launched retail banking in India. It offers a comprehensive array of retail banking products and services from current and savings accounts to salary overdrafts, investment products and loans. As of March 31, 2015, it had total assets of INR 615.972 billion (US$9.85 billion).

ICICI Bank is India's second-largest bank with consolidated assets of INR 8.3 trillion (US$132 billion) at March 31, 2015. It provides a wide range of financial products and services including loans, deposits, life and general insurance, credit cards, wealth management, online banking and much more.

IDBI Bank– Industrial Development Bank of India.

Indian Bank – One of the big public sector banks in India. With over 2,400 local offices, it employs more than 20,000 people. It also has overseas branches in Colombo, Singapore, and 240 correspondent banks in 70 countries.

ING Vysya Bank – A retail and commercial bank with over 550 branches. In April 2015, ING Vysya Bank was acquired by Kotak Mahindra Bank Ltd.

Indian Overseas Bank – A major bank with more than 3,380 domestic branches, six foreign branches and over 3,570 ATMs (June 2015). IOB was established in February 1937 and is headquartered in Chennai (Madras).

IndusInd Bank Ltd was founded in 1994 and derived its name from the Indus Valley civilisation. The Bank employs over 17,000 people and has a network of over 800 offices and 1,545 ATMs (June 2015) across the country. It also has a representative offices in Dubai, Abu Dhabi and London.

The Federal Bank Ltd – The fourth largest bank in India in terms of capital base. It has over 1,485 ATMs and 1,247 branches (June 2015) across India in addition to the representative office in Abu Dhabi. The total assets amounted to INR 829.083 billion as of March 2015.

Guardian Souharda Sahakari Bank Niyamita

HDFC Bank was incorporated in August 1994, and currently has a nationwide network of over 4,000 Branches and 11,770 ATMs in 771 Indian towns and cities.

HSBC India provides a wide range of financial services to corporate, commercial and retail customers. It offers lending and deposit products, gold and classic credit cards, debit cards, insurance, asset management, treasury and capital markets services and more.

Maharshtra Bank was founded on September 16, 1935. With a network of 1,880 offices at the end of March 2015, it has a presence in 29 states and 4 UTs including Arunachal Pradesh, Sikkim and Meghalaya. The Bank has the largest network of branches by any public sector bank in the state of Maharashtra. Its total assets reached Rs.1.461 trillion in 2015.

Mandvi Bank – Mandvi was acquired by Saraswat Cooperative Bank in 2006.

Oriental Bank of Commerce (OBC) – OBC was established on February 19, 1943 in Lahore. It is one of the public sector banks in India. The bank was nationalized in 1980. On 14 August 2004, Global Trust Bank Limited (GTB) was amalgamated into OBC. GTB was a leading private sector bank in India.

Punjab National Bank (PNB) was established in 1895 at Lahore in undivided India. It was nationalized in July 1969 along with 13 other banks. PNB has one of the largest branch networks in the country consisting of 6,594 branches (June 2015).

Punjab & Maharashtra Co-operative Bank – The PMC bank commenced its operations on 13th February, 1984. With a short span of just 16 years, it has achieved SCHEDULED STATUS on 29.01.2000 and is the youngest co-operative bank to achieve the status.

Standard Chartered Bank – The Chartered Bank opened its first overseas branch in India, at Kolkata, on 12 April 1858. Today the Bank's branches in India are directed and administered from Mumbai (Bombay) with Kolkata remaining an important trading and banking centre.

South Indian Bank (SIB) – SIB is a private sector bank headquartered at Thrissur in Kerala. It has 822 branches and 1,200 ATMs across more than 26 states and union territories in India. South Indian Bank was formed on the 29th January 1929 by a group of 44 enterprising men.

State Bank of Hyderabad – An associate of State Bank of India. SBH is authorized to conduct government business.

Saraswat Bank

State Bank of India (SBI) – SBI is India’s largest commercial bank and among the top 20 banks in Asia. With over 16,333 branches, it has the largest branch network in India. It also has 191 offices in 36 other countries, including multiple locations in the US, Canada, UK and Nigeria.

State Bank of Saurashtra

Syndicate Bank – One of the oldest and major commercial banks of India. It was originally incorporated in 1925 as Canara Industrial and Banking Syndicate with its head office in Udipi, Karnataka. It was renamed as Syndicate Bank with effect from January 1, 1964, and the head office was shifted to Manipal, Karnataka on April 19, 1964. The Bank, along with 13 major commercial banks of India, was nationalized on 19 July 1969. As of March 2015, it had over 3,550 offices spread over 23 states and four union territories.

UCO Bank – A commercial bank in India with 3,020 domestic branches, 2 branches in Singapore, and 2 branches in Hong Kong. The company employs about 25,230 people.

Union Bank of India is a commercial bank established in 1919 and is headquartered in Mumbai.

Vijaya Bank was established in 1931 and is headquartered in Bengaluru. It has the highest number of branches in its home state Karnataka.

 The Largest Banks in India

Rank Bank Total Assets, US$b (March 31, 2015) Branches ATMs
1 State Bank of India 431.95 16,333 54,560
2 ICICI Bank Limited 132.20 4,050 12,451
3 Bank of Baroda 117.42 5,198 8,030
4 Punjab National Bank 101.75 6,560 8,348
5 Bank of India 100.03 4,892 6,771
6 HDFC Bank Ltd 97.12 4,014 11,766
7 Canara Bank 89.36 5,682 8,533
8 Axis Bank Ltd 74.75 2,589 12,922
9 Union Bank of India 61.36 4,078 7,020
10 IDBI Bank 56.94 1,717 3,000
11 Central Bank of India 50.04 4,695 4,835
12 Syndicate Bank 48.69 3,552 3,427
13 Indian Overseas Bank 45.70 3,381 3,571
14 UCO Bank 39.34 3,020 2,096
15 Oriental Bank of Commerce 36.88 2,251 2,488
16 Allahabad Bank 36.42 3,107 n/a
17 Corporation Bank 36.16 2,298 2,933
18 Indian Bank 30.88 2,409 2,344
19 Andhra bank 30.02 2,507 2,232
20 Kotak Mahindra Bank 23.77 684 1,273
21 Bank of Maharashtra 23.37 1,880 1,849
22 Vijaya Bank 22.82 1,618 1,383
23 Citibank India 22.20 45 700
24 HSBC India 22.02 50 150
25 Standard Chartered Bank India 21.08 100 n/a