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Private Sector Banks:-

These are banks which are not government owned or controlled. Their shares are

freely traded in the Stock Markets.

Cooperative Banks:-

Cooperative Banks are those that are created by a group of individual to support either

a community or a religious group. They operate in metropolitan, urban and semi urban

centers to cater to the needs of small borrowers.

Regional Rural Banks:-

These came into being on October 2, 1975 when 5 regional rural banks were

established under what became the Regional Rural Banks Act 1975. These were to

bridge the gap in rural credit granting loans and advances to small and marginal

farmers, artisans, small entrepreneur and persons of small means engaged in trade,

commerce, industry or other productive ,activities within their area of operation.

Local Area Banks:-

Local Area Banks came into existence in 1999 and licenses were given for these banks

as it was felt that regular commercial banks were not financial the rural/ agricultural

sector adequately. Licenses were given to open branches in three districts. Branches in

urban/ semi urban areas were granted only after ten branches were established in rural

areas/ villages.
Sectors Banks
Central Bank:- Reserve Bank of India

Nationalized State Bank of India , Allahabad Bank , Andhra Bank , Bank of


Banks:- Baroda , Bank of India , Bank of Maharashtra , Canara Bank ,
Central Bank of India , Corporation Bank , Dena Bank , Indian
Bank , Indian Overseas Bank , Oriental Bank of Commerce ,
Punjab & Sind Bank , Punjab National Bank , Syndicate Bank ,
IDBI Bank, Union Bank of India , United Bank of India , UCO
Bank , Vijaya Bank.
,
Axis Bank , Bank of Rajasthan · Bharat Overseas Bank · Catholic
Private Banks:-
Syrian Bank · Centurion Bank of Punjab ·City Union
Bank .Development Credit Bank · Dhanalakshmi Bank ·Federal
Bank · Ganesh Bank of Kurundwad · HDFC Bank ·ICICI Bank ·
IndusInd Bank ·ING Vysya Bank ·Jammu & Kashmir
Bank ·Karnataka Bank Limited · Karur Vysya Bank ·Kotak
Mahindra Bank · Lakshmi Vilas Bank ·Nainital Bank ·Ratnakar
Bank · SBI Commercial and International Bank · South Indian
Bank · Tamilnad Mercantile Bank Ltd. .

Foreign Citibank · HSBC · Standard Chartered


Banks:-
Regional Rural South Malabar Gramin Bank
Banks:-

Coo
The Andaman and Nicobar State Co-operative Bank Ltd. The
perative
Arunachal Pradesh State co-operative Apex Bank Ltd. The Assam
Banks:-
Co-operative Apex Bank Ltd The Bihar State Co-operative Bank
Ltd. The Chandigarh State Co-operative Bank

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