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Major Banks in India



Banking in India originated in the first decade of 18th century with ‘The General Bank of India’ coming into existence in 1786. Banks such as Punjab National Bank were established, in 1895 in Lahore and Bank of India, in 1906, in Mumbai - both of which were founded under private ownership. The Reserve Bank of India formally took on the responsibility of regulating the Indian banking sector from 1935. After India's independence in 1947, the Reserve Bank was nationalized.

Now there are many private and government banks that are operating in India and each one of them has their own target sector. Few of them only work in rural sector while others in both rural as well as urban. Many even are only catering in cities. Some are of Indian origin and some are foreign players.
 
Major Banks in India  
Major Nationalized Banks in India :
 
Major Private Banks in India :
 
Major Foreign Banks Operating in India :
 
Cooperative Banks in India :
 
Major Merged or Defunct Banks in India :
 
 
 
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