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Trading

List of Private Banks in India

Published by Gbaf News

Posted on April 22, 2013

1 min read

· Last updated: June 11, 2018

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Bank of Punjab Ltd.
Lakshmi Vilas Bank Ltd.-
Nainital Bank Ltd.
Ratnakar Bank Ltd.
SBI Commercial and International Bank Ltd.
South Indian Bank Ltd.
Tamilnad Mercantile Bank Ltd.
United Western Bank Ltd.
Catholic Syrian Bank Ltd.
Centurian Bank of Punjab
City Union Bank Ltd.
Development Credit Bank Ltd.
Dhanalakshmi Bank Ltd.
HDFC Bank Ltd.
Federal Bank Ltd
ICICI Bank Ltd.
IndusInd Bank Ltd.
ING Vysya Bank Ltd.
Jammu and Kashmir Bank Ltd.
Kotak Mahindra Bank Ltd.
Karnataka Bank Ltd.
Axis Bank (earlier UTI Bank)
Karur Vysya Bank Ltd.
Yes Bank Ltd.
Bank of Rajasthan Ltd.

 

Key Takeaways

  • India hosts over 20 scheduled private-sector banks as of 2026.
  • Several historic regional private banks have merged, been acquired, or ceased independent operations.
  • Major players like HDFC Bank, ICICI Bank, and Axis Bank dominate by size, innovation, and market capitalization.

References

Frequently Asked Questions

How many private-sector banks are there in India in 2026?
As of 2026, there are approximately 21 scheduled private-sector banks in India.
Which are the largest private-sector banks in India?
The largest by market capitalization and scale include HDFC Bank, ICICI Bank, and Axis Bank.
Have any private banks merged or ceased to exist recently?
Yes, Lakshmi Vilas Bank was merged into DBS Bank India in November 2020 and ceased independent operations.

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