Private Banks In India | Private Banks List | Private Banks Near Me

Private sector banks,private banks,private banks in india, list of private banks

Private banks In India | List of Private banks in India

Private Banks In India are Important Pillar in Economy growth. The Indian Banking Sector is Consist of Public and Private sector banks in India.Both Play Vital role to Boost up the economy. The Reserve Bank of India (RBI) is the authority who take care and manage entire banking sector and work under Finance Ministry of India. Private sector banks are always known for leisure banking as well as quality services, Charges of Private Banks In India May be higher if you compare with  Public Sector banks, But if you talk about services offered by a Private bank in India, You can analyze how differ they are from any other public sector or nationalised bank in India. We will Cover List of Private banks in India along with Foreign Private banks in India.

An individual or a entity or a joint Partner can avail service by opening a account in any private banks Near you. Even searching a branch of any private bank is quite easy too you just need to open your browser and search “ Private Banks Near me“, Your search engine will deliver the Best Private banks near your radius.

Private banks in India are as important as Public sector banks to Maintain Economy Functioning as well keeping Citizens money safe, Its among one of the most pillar not only In terms of finance but also as a service industry also.

What is Private bank

Private banks in India consist of those banks which are not nationalised or doesn’t have Government of India shareholdings, Private Banks are institutions or companies which are owned by either an individual or a joint partner by maintaining the minimum wealth requirement by  monetary authority of India.

Now !! Can we Imagine our economy without Private banks in India ?

No, obviously  The no queue Culture firstly introduced by ICICI Bank, Which is to Provide Hessle free Banking services to all the prioritize customers later was accepted by all the banks in India. Best Private banks always consider Their customer comfort rather a Hectic Experience.

Apart from this almost all Best Private Banks Try to Help local community too, I.e if you compare Private bank Careers with Public sector banks Careers You will find More Salary is Given to Employees who Join Private banks Job. Private Banks Jobs notifications are out various times in a year as Per their Human Resource.  Private Bank Careers & Jobs as similar as Public Sector Bank.

Read Here :

What Is Difference Between Public and Private Sector Banks

Before we proceed to our main content, we have to understand what is the difference between a Public sector bank, and a private sector bank. The difference between banks can be defined as the stack holding or we say depends on who holds majority of Shares in Bank.

The banks which has more than 50% of shares in government  hands are called as Government banks / Public sector banks /nationalized banks, Where as The bank or an institution or an organization or an individuals hold more than 50% of shares in hands Known as Private Banks or an Private entity.

There are various examples which can help you to understand What is difference between public sector and private sector banks

  • Lets Talk about 2 major Banks in india
  1.  State banks of India – The majority of shares holding is with government, More than 58% of shares in State bank of India is hold by the Government of India
  2. ICICI Bank – The majority of shares holding is with the Board of directors or company

Types of Private banks in India

Private banking is consist of two types of private banks

  1. Indian Private banks
  2. Foreign banks

The difference between Indian Private banks and foreign Private banks  is The origination of bank is from India or the origination of bank  is from out of India. Foreign Private banks has to follow rules and regulations of   Host country as well as parent country. In India Foreign private banks are working as branch or representative offices.

Total number of private banks in India

Everyone who Eager to grab information about Private sector banks in India also wants to know “How many private banks in India“, What are the total Number of private banks in India. We will share the answer today !!

There are total 21 Private sector banks in India which contribute in Indian Economy. As we have already discussed about Globalization As per data Available 12 private banks were formed before 1991 and were formed after 1991. Here is the list of Private banks as per their Foundation Years.

Read here : How many Private Sector Banks In India

 

Services Offered By Private banks in India

Private banks in India offered almost same services as public sector banks offered, The Major Changes in private banking is to give freedom to their customer to make transactions from anywhere in the world, where as in the case of public sector banks the Importance of branches are still exist. Here is the list of service offered by Private sector banks in India. Basically There Are Two Types of Services Majorly Offered by Private Banks in World. Mobile apps launched by banks had made banking more easy to their customer

Private banks, Private banks In India,Private banks list
Private banks _ Private banks In India
  1. Retail Banking
  2. Corporate Banking

Retail Banking Consist of the services which are Dealing with or Useful for An Individual or non Business Accounts . These Private Banks Services Can be Avail in the form of

Retail Banking is Basically a Bundle of services Which are useful for Consumers, The Direct Interaction of Consumer Be With Nearby Bank Branch Rather Corporate Office. Personal Accounts, Chaque,Demand Drafts, E Banking all Are the Major Services

2. Corporate Banking

The Major Part of these Banking Services For Big Corporate houses or Big Marketers who Invest or transact Hugh amount.The Major Services Of Corporate banking are

  • Investment
  • Wealth Management
  • Reconciliation
  • Tax Payment
  • Depository Services
  • Mortgage and loan
  • Stock brokerage
  • Treasury and cash management
  • Equipment lending
  • Trade Finance
  • Employer Services

List of Private Banks In India

Private Banks List Head offices of Private banks In India Taglines Of Banks Ceo Of Priavte banks in india Address of Head Office Of Private bank in India

Axis Bank Limited

Mumbai Badhti ka Nam Zindagi Shikha Sharma TRISHUL Building,Third Floor, Opp. Samartheshwar Temple, Nr. Law Garden,Ellisbridge Ahmedabad – 380 006 (Gujrat)

Bandan Bank

Kolkata Aapka Bhala Sabka Bhalai Chandra Shekhar Ghosh DN 32, Sector VSalt Lake CityKolkata – 700091 (West Bengal)

Catholic Syrian Bank Limited

Thrissur Support all the way C.VR. Rajendran College ViewSt. Mary’s College RoadThrissur – 680 020(Kerala)

Capital Local Area Bank

Jalandhar Elated Workforce and Delighted Customers Sarvjit Singh Samra Midas Corporate Park, 3rd Floor, 37, G.t. Road, Jalandhar

City Union Bank Limited

Kumbakonam Trust and Excellence Dr. N. Kamakodi 149, T S R (Big) StreetPost Box No 25Kumbakonam –612 001(Tamilnadu)

DCB Bank Limited

Mumbai We value you Murali M. Natrajan 6th Floor, Tower APeninsula Business ParkSenapati Bapat Marg,Lower Parel Mumbai – 400013 (Maharashtra)

Dhanlaxmi Bank

Thrissur City, Kerala Tann. Mann. Dhan. T Latha Post Box No 9The Round, NaickanalThrissur – 680 001(Kerala)

Federal Bank Limited

Aluva Your Perfect Banking Partner Shyam Srinivasan Federal TowersPost Box No 103Aluva – 683 101(Kerala)

HDFC Bank

Mumbai We Understand Your World Aditya Puri Trade WorldKamala Mills CompoundSenapati Bapat Marg, Lower ParelMumbai – 400 013 (Maharashtra)

ICICI Bank

Mumbai Hum Hai Na Khayal Aapka Sandeep Bakhshi ICICI Bank LimitedLandmark, Race Course Circle,Vadodara 390 007(Gujrat)

IDFC Bank

Mumbai Banking Hatke Rajiv Lall Naman ChambersC-32, G-Block, Bandra Kurla ComplexBandra (East)Mumbai- 400051 (Maharashtra)

IndusInd Bank Limited

Mumbai We Make You Feel Richer Romesh Sobti 701,Solitaire Corporate Park167, Guru Hargovindji MargAndheri (East)Mumbai 400 093 (Maharashtra)

Jammu & Kashmir Bank Limited

Srinagar Serving to Empower Parvez Ahmad Maulana Azad RoadSrinagar – 190 001(Jammu & Kashmir)

Karnataka Bank

Mangalore Your Family Bank Across India Mahabaleshwara M S P B No 599Mahaveera Circle Kankanady PostMangalore – 575 002(Karnataka)

Karur Vysya Bank Limited

Karur Smart way to bank P. R. Seshadri Erode RoadPost Box No 21Karur – 639 002 (Tamilnadu)

Kotak Mahindra Bank

Mumbai Let’s make money simple Uday Kotak Kotak Mahindra Bank Limited27BKC, C27, G BlockBandra Kurla ComplexBandra (E), Mumbai- 400051 (Maharashtra)

Lakshmi Vilas Bank Limited

Chennai The Changing Face of prosperity Parthasarathi Mukherjee Lakshmi Vilas Bank LimitedPost Box No 2Salem Road, KathaparaiVengamedu PostKarur –639 006 (Tamil Nadu)

Nainital Bank Limited

Nainital Banking with Personal Touch Partner Organization – Bank Of Baroda Nainital Bank LimitedAnnex7 Oaks Building MallitalNainital – 263 001 (Uttaranchal)

RBL Bank Limited

Mumbai Apno ka Bank RBL Bank LimitedMahavir, Shri Shahu Market Yard,Kolhapur – 416005(Maharashtra)

South Indian Bank Limited

Thrissur Experience Next Generation Banking V. G. Mathew South Indian Bank LimitedSIB HouseT.B.Road, Mission QuartersPost Box No 28Thrissur – 680 001 (Kerala)

Yes Bank

Mumbai Experience Our Expertise Rana Kapoor Yes Bank Limited, Nehru Centre, 9th floor, Discovery of India, Dr. A.B. Road, Worli, Mumbai – 400 018

Tamilnad Mercantile Bank Limited

Thoothukudi district Be a step ahead of life H.S. Upendra Kamath Tamilnad Mercantile Bank Limited57,V.E.RoadThoothukudi (Tuticorin)- 628 002(Tamil Nadu)

List of Foreign Private Banks In India

Sr. No. Foreign Private Sector Banks Name Head offices In India CEO OF Private Foreign Banks Official Site
1

Abu Dhabi Commercial Bank PJSC

Mumbai Ala’a Mohamed Atta Khalil Eraiqat https://www.adcb.com/
2

American Express Banking Corp.

Gurugram Manoj Adlakha https://www.americanexpress.com
3

AB Bank Limited

Mumbai Moshiur Rahman Chowdhury abbl.com
4

Australia & New Zealand Banking Group Limited

Mumbai Shayne Elliott https://www.anz.com.au/
5

KEB Hana Bank

Chennai Ham Young-joo https://www.kebhana.com
6

PT Bank Maybank Indonesia TBK

Mumbai Taswin Zakaria https://www.maybank.co.id/
7

Bank of America

Mumbai Brian T. Moynihan https://www.bankofamerica.com
8

Bank of Bahrain and Kuwait B.S.C

Mumbai Reyadh Yousif Sater www.bbkindia.com
9

Bank of Ceylon

Chennai Ernest de Silva www.boc.lk
10

Bank of Nova Scotia

Mumbai Brian J. Porter https://www.scotiabank.com/
11

The Bank of Tokyo – Mitsubishi UFJ, Limited

Mumbai Kanetsugu Mike www.bk.mufg.jp/
12

Barclays Bank Plc

Mumbai Jes Staley https://www.barclays.com
13

BNP Paribas

Mumbai Jean-Laurent Bonnafé www.bnpparibas.com
14

Citibank N.A.

Mumbai Barbara J. Desoer https://www.online.citibank.com
15

Credit Agricole Corporate & Investment Bank

Mumbai Jean-Yves Hocher https://www.ca-cib.com/
16

CTBC Bank Co. Limited

New Delhi Noor Menai https://www.ctbcbank.com/
17

Credit Suisse A.G

Mumbai Tidjane Thiam https://www.credit-suisse.com
18

DBS Bank Limited

Mumbai Piyush Gupta dbs.com
19

Deutsche Bank A.G.

Mumbai Christian Sewing https://www.db.com
20

FirstRand Bank Limited

Mumbai Johan Burger https://www.firstrand.co.za/
21

Hong Kong and Shanghai Banking Corporation Limited (HSBC)

Mumbai Peter Wong https://www.hsbc.com
22

Industrial & Commercial Bank of China Limited

Mumbai Huiman Yi www.icbc-ltd.com
23

JP Morgan Chase Bank N.A.

Mumbai Jamie Dimon jpmorganchase.com
24

JSC VTB Bank

New Delhi Andrey Kostin https://www.vtb.com
25

Krung Thai Bank Public Co. Limited

Mumbai Payong Srivanich https://www.ktb.co.th
26

Mizuho Bank Limited

Mumbai Koji Fujiwara https://www.mizuhobank.com/
27

Mashreqbank PSC

Mumbai Abdul Aziz Al Ghurair https://www.mashreqbank.com
28

National Australia Bank

Mumbai Andrew Thorburn https://www.nab.com.au/
29

Industrial Bank of Korea

New Delhi Kim Do Jin https://www.eng.ibk.co.kr/
30

Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A.v (RaboBank)

Mumbai Wiebe Draijer https://www.rabobankamerica.com
31

Shinhan Bank

Mumbai Wi Sung-ho https://www.shinhan.com/
32

Societe Generale Bank

Mumbai Hikaru Ogata https://www.societegenerale.asia
33

Sonali Bank Limited

Kolkata Ullah al-Masud https://www.sonalibank.com.bd
34

Standard Chartered Bank

Mumbai Bill Winters https://www.sc.com
35

SBM Bank (Mauritius) Limited

Mumbai Raj Dussoye https://www.sbmgroup.mu
36

Sberbank

New Delhi Herman Gref https://www.sberbank.ru/
37

Sumitomo Mitsui Banking Corporation

New Delhi Kozo Ogino https://www.smbc.co.jp
38

The Royal Bank of Scotland plc.

Mumbai Ross McEwan https://www.rbs.com/
39

United Overseas Bank Limited

Mumbai Wee Ee Cheong https://www.uob.com.sg/
40

Westpac Banking Corporation

Mumbai Brian Hartzer https://www.westpac.com.au
41

Woori Bank

Chennai Kwang Goo Lee https://www.eng.wooribank.com
42

Doha Bank

Mumbai Dr. Raghavan Seetharaman https://www.dohabank.qa/
43

First Abu Dhabi Bank PJSC

Mumbai Andre Sayegh https://www.nbad.com
44

Emirates NBD Bank PJSC

Mumbai Suvo Sarkar www.emiratesnbd.com/
45

Qatar National Bank SAQ

Mumbai Ali Ahmed Al-Kuwari https://www.qnb.com/

 

Local Area Private Banks In India

Local Area Private sector Bank Name Address
Coastal Local Area Bank Limited DNo. 59-14-2A 3rd Floor Santhi Plaza, Ring Road,Near Benz Circle, Vijaywada –520 008 (Andhra Pradesh)
Krishna Bhima Samruddhi Local Area Bank Limited Krishna Bhima Samruddhi Local Area Bank Limited,7-5-108/B/1, 1st Floor, P.C.Towers Venkateshwara Colony,Mahabubnagar – 509 002 (Andhra Pradesh)
Subhadra Local Area Bank Limited Subhadra Local Area Bank Limited” 399/ E, Opp. Basant Bahar Talkies,Shahupuri, Kolhapur – 416 002 (Maharashtra)

 

Small Finance Banks In India

Small Finance Banks Name Address of bank Headquaters
Au Small Finance Bank Limited AU NEEV, 19-A,Dhuleshwar Garden Ajmer Road
Jaipur- 302001 (Rajasthan)
Capital Small Finance Bank Limited Capital Small Finance Bank Limited,MIDAS Corporate Park
,3rd Floor, 37, G.T.Road,Jalandhar – 144 001 (Punjab)
FINCARE Small Finance Bank Limited 5th Floor, Bren Mercury, Kaikondanahalli,Sarjapur Main Road
Bangalore- 560035 (Karnataka)
Equitas Small Finance Bank Limited 4th Floor, Spencer Plaza,Phase II, No. 769, Mount Road,
Anna Salai, Chennai – 600002 (Tamil Nadu)
ESAF Small Finance Bank Limited Hepzibah Complex,Mannuthy P.O. Thrissur – 680651 (Kerala)
Suryoday Small Finance Bank Limited 1101, Sharda Terraces,Plot 65, Sector 11, CBD Belapur,
Navi Mumbai- 400 614 (Maharashtra)
Ujjivan Small Finance Bank Limited Grape Garden, No. 27, 3rd ‘A’ Cross, 18th Main, Koramangala, 6th Block,

Bengaluru-560095 (Karnataka)

Utkarsh Small Finance Bank Limited S-24/1-2, First Floor, Mahavir Nagar,Orderly Bazar, Near Mahavir Mandir

Varanasi -221002(Uttar Pradesh)

North East Small Finance Bank Limited 1st & 3 rd Floor, Fortune Central,Basistha Road, Basisthapur,Bylane No. 3,
Beltola, Guwahati- 781 028
Jana Small finance Bank Limited Vaishnavi, No. 29, Union Street,Off Infantry Road, Bengaluru- 560 001
(Karnataka)

Payment Banks In India

Payment Bank Name Payment Banks Address
Airtel Payments Bank Limited Bharti Crescent,1 Nelson Mandela Road,Vasant Kunj, Phase II
New Delhi- 110 070 (Delhi)
India Post Payments Bank Limited Post Office, Speed Post Center Building,Market Road
New Delhi 110001,(Delhi)
Fino Payments Bank Limited SK Elite, 5th Floor,Plot No D- 404 and D- 405,TTC Industrial Area, MIDC Turbhe,
Navi Mumbai- 400705 (Maharashtra)
Paytm Payments Bank Limited B-121, Sector 5,Noida – 201 301 (Uttar Pradesh)
Aditya Birla Idea Payments Bank Limited A4, Aditya Birla Centre, S.K. Ahire Marg Worli,Mumbai – 400 030 Maharashtra, India
Jio Payments Bank Limited 3rd Floor, Maker Chambers IV, 222 Nariman Point, Mumbai- 400 021 (Maharashtra)
NSDL Payments Bank Limited 4th Floor, ‘A’ Wing,Trade World Kamala Mills Compound Senapati Bapat Marg,
Lower Parel,
Mumbai- 400 013 (Maharashtra)

 

Advantages Of Private Sector Banks