The document summarizes the types of banks in India. There are four main categories: central banks, commercial banks, regional rural banks, and cooperative banks. The central bank is the Reserve Bank of India. Commercial banks include public sector banks (like State Bank of India), private sector banks (like HDFC and ICICI), and foreign banks. Regional rural banks were established to provide financial services in rural areas. Cooperative banks are organized at the state level and provide loans to agriculture and related sectors. Each category plays an important role in India's banking system.

1. BANKS IN INDIA

2. TYPES OF BANKS IN INDIA
Types of banks in India fall into some categories,
ranging from major international financial
institutions to small regional banks. Each of these
banks in India plays a key role in the Indian
banking system, serving different demographics
and financial requirements.

3. 1. CENTRAL BANKS
The only central bank in India is
the Reserve Bank of India (RBI).
The RBI’s key roles include
monetary policy, currency
issuance, banking regulation,
banking supervision, foreign
exchange, and financial stability.

4. RESERVE BANK OF INDIA
The Reserve Bank of India, abbreviated as RBI,
is India's central bank and regulatory
body responsible for regulation of the Indian
banking system. It is under
the ownership of Ministry of
Finance, Government of India. It is responsible
for the control, issue and maintaining supply of
the Indian rupee.

5. RBI has its headquarter in MUMBAI.
Established 1 April 1935; 88 years ago Governor Shaktikanta Das

6. 2. COMMERCIAL BANKS
Commercial banks organised under the Banking
Companies Act, 1956.
Commercial banks in India include three main
categories of banks, which are public sector
banks, private sector banks, and foreign banks.
These are the major deposit-taking institutions in
the entire country. Below, we will take a closer
look at the types of commercial banks.

7. Public Sector Banks
Public Sector Undertakings
(Banks) are a major type of
government-owned banks in
India, where a majority stake
(i.e., more than 50%) is held
by the Ministry of Finance
(India) of the Government of
India or State Ministry of
Finance of various State
Governments of India. Their
main objective is social
welfare.

8. THERE ARE 12 PUBLIC SECTOR
BANKS PRESENT IN INDIA
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
Bank of Baroda 1908 Vadodara, Gujarat Debadatta Chand
Bank of India 1906 Mumbai, Maharashtra Rajneesh karnatak
Bank of Maharashtra 1935 Pune, Maharashtra A.S Rajeev
Canara Bank 1906 Bengaluru, Karnataka K Satyanarayan Raju
Central Bank of India 1911 Mumbai, Maharashtra Matam Venkat Rao
Indian Bank 1907 Chennai, Tamil Nadu Shanti Lal Jain

9. _______________________________________
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
Indian Overseas Bank 1937 Chennai, Tamil Nadu
Ajay Kumar
Shivastava
Punjab and Sind Bank 1908
New Delhi, NCT of
Delhi
Swarup Kumar
Punjab National Bank 1894
New Delhi, NCT of
Delhi
Atul Kumar Goel
State Bank of India 1955 Mumbai, Maharashtra Dinesh Kumar Khara
UCO Bank 1943 Kolkata, West Bengal Ashwini Kumar
Union Bank of India 1919 Mumbai, Maharashtra A Manimekhalai

10. Private Sector Banks
Private banks are banks
owned by either the individual
or a general partner(s) with
limited partner(s).
Private sector banks are
privately owned and operated.
These banks include the largest
banks in the country, including
ICICI Bank, HDFC Bank, and
Axis Bank.

11. THERE ARE 21 PRIVATE SECTOR
BANKS IN INDIA
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
Axis Bank 1993 Mumbai, Maharashtra
Amitabh Chaudhry
Bandhan Bank 2015 Kolkata, West Bengal
Chandra Shekhar Ghosh
CSB Bank 1920 Thrissur, Kerala
Pralay Mondal
City Union Bank 1904
Kumbakonam, Tamil
Nadu
N. Kamakodi
DCB Bank 1930 Mumbai, Maharashtra
Murli M Natrajan
Dhanlaxmi Bank 1927 Thrissur, Kerala
Shivin J.K

12. _______________________________________
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
Federal Bank 1931 Kochi, Kerala Shayam Srinivasan
HDFC Bank 1994 Mumbai, Maharashtra
Sashidhar Jagdishan
ICICI Bank 1994 Mumbai, Maharashtra
Sandeep Bakshi
IDBI Bank 1964 Mumbai, Maharashtra
Rakesh Sharma
IDFC First Bank 2015 Mumbai, Maharashtra
V. Vaidyanathan
IndusInd Bank 1994 Mumbai, Maharashtra
Sumant Kathpalis
Jammu & Kashmir
Bank
1938
Srinagar, Jammu and
Kashmir
Baldev Prakash
Karnataka Bank 1924 Mangaluru, Karnataka
Shrikrishanan Harihara
Sharma

13. _______________________________________
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
Karur Vysya Bank 1916 Karur, Tamil Nadu
B. Ramesh Babu
Kotak Mahindra
Bank
2003 Mumbai, Maharashtra
Uday Kotak
Nainital Bank 1922 Nainital, Uttarakhand Dinesh pant
RBL Bank 1943 Mumbai, Maharashtra
Subramaniakumar R
South Indian Bank 1929 Thrissur, Kerala
Murali Ramakrishna
Tamilnad
Mercantile Bank
1921
Thoothukkudi, Tamil
Nadu
Krishnan
Sankarasubaramaniam
Yes Bank 2004 Mumbai, Maharashtra Prashant Kumar

14. Foreign Banks
A Foreign Bank is a
financial institution that
provides financial
services to international
consumers from outside
of its native country. A
Foreign Bank branch is
a sort of international
bank that must comply
with the laws of both its
home and host
countries.

15. THERE ARE 46 FOREIGN BANKS
IN INDIA
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
AB Bank Ltd. 1981 Dhaka, Bangladesh Tarique Afzal
Abu Dhabi Commercial
Bank Ltd
1975 Abu Dhabi, UAE Ala'a Eraiqat
American Express
Banking Corporation
1850 New York, United
States
Sanjay Khanna
Australia and New
Zealand Banking Group
Ltd.
1951 Melbourne, Australia Shayne Elliot
Barclays Bank Plc 1986 London, United
Kingdom
C.S.
Venkatakrishnan
Bank of America 1998 Charlotte, North
Carolina, US
Brian Moynihan

16. _______________________________________
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
Bank of Bahrain &
Kuwait BSC
1971 Manama, Bahrain Abdulrahman Ali Saif
Bank of Ceylon 1936 Colombo, Sri Lanka Kanchana Ratwatte
Bank of China 1912 Beijing, China Liu Liange
Bank of Nova Scotia 1832 Toronto, Canada L. Scott Thomson
BNP Paribas 2000 Paris, France Jean-Laurent Bonnafe
Citibank N.A 1812 New York, United
States
Sunil Garg
Rabobank 1898 Utrecht, Netherlands Wiebe Draijer
Credit Agricole
Corporate & Investment
Bank
2004 Paris, France Xavier Musca

17. _______________________________________
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
Credit Suisse A.G 1856 Zurich, Switzerland Ulrich Korner
CTBC Bank Co. Ltd. 2004 Nangang District,
Taipei, Taiwan
Larry Hsu
DBS Bank India Limited 2018 Singapore Surojit Shome
Deutsche Bank 1870 Frankfurt, Germany Christian Sewing
Doha Bank 1978 Doha, Qatar Seetharaman
Rahavan
Emirates Bank NBD 2007 Dubai, UAE Ahmed bin Saeed Al
Maktoum
First Abu Dhabi Bank 2016 Abu Dhabi, UAE Hana Al Rostamani
FirstRand Bank Ltd 1970 Johannesburg, South
Africa
Alan Pullinger

18. _______________________________________
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
HSBC Ltd 1865 London, England,
UK
Noel Quinn
Industrial & Commercial
Bank of China Ltd.
1984 Xicheng District,
Beijing, China
Chen Siqing
Industrial Bank of Korea 1961 Jung-gu, Seoul, South
Korea
Kim Do-jin
J.P. Morgan Chase Bank
N.A.
1799 New York, USA Jamie Dimon
JSC VTB Bank 1990 Moscow, Russia Andrey Kostin
KEB Hana Bank 1971 Seoul, South Korea Ji Sung-kyoo
Kookmin Bank 1963 Seoul, South Korea Hur Yin
Krung Thai Bank Public
Co. Ltd.
1966 Watthana, Bangkok,
Thailand
Payong Srivanich

19. _______________________________________
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
Mashreq Bank PSC 1967 Dubai, UAE Ahmed Abdelaal
Mizuho Bank Ltd. 2002 Chiyoda City, Tokyo,
Japan
Masahiko Kato
MUFG Bank, Ltd. 2006 Chiyoda City, Tokyo,
Japan
Katsunori Nagayasu
NatWest Markets Plc 2018 London, United
Kingdom
Robert Begbie
PT Bank Maybank
Indonesia TBK
1959 Senayan, Jakarta,
Indonesia
Dato' John Chong
Eng Chuan
Qatar National Bank
(Q.P.S.C.)
1964 Doha, Qatar Abdulla Mubarak
Al-Khalifa
Sberbank 1841 Moscow, Russia Herman Gref
SBM Bank (India)
Limited
2019 Port Louis, Mauritius Sidharth Rath

20. _______________________________________
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
Shinhan Bank 1897 Jung-gu, Seoul, South
Korea
Jin Ok-dong
Societe Generale 1864 Paris, France Slawomir Krupa
Sonali Bank Ltd. 1972 Dhaka, Bangladesh Md Afzal Karim
Standard Chartered Bank 1969 London, England,
UK
Bill Winters
Sumitomo Mitsui
Banking Corporation
2001 Chiyoda City, Tokyo,
Japan
Jun Ohta
United Overseas Bank
Ltd
1935 Singapore Wee Ee Cheong
Westpac Banking
Corporation
1817 Sydney, Australia Peter King
Woori Bank 1899 Jung-gu, Seoul, South
Korea
Lee Kwang-goo

21. 3. REGIONAL RURAL BANKS
Regional rural banks in
India are specifically
organized in order to
provide financial
services in the most
rural parts of the
country.
RRBs were established
in 1975 and are
registered under a
Regional Rural Bank
Act, 1976.

22. THERE ARE 43 RRB’S IN INDIA
STATE BANK NAME ESTABLISH
YEAR
HEADQUARTER SPONSOR
BANK
Andhra Pradesh Andhra Pradesh
Grameena Vikas
Bank
2006 Warangal,
Telangana
SBI
Andhra Pradesh Andhra Pragathi
Grameena Bank
2006 Kadapa, Andhra
Pradesh
CANARA
BANK
Andhra Pradesh Chaitanya
Godavari
Gramin Bank
2006 Guntur, Andhra
Pradesh
UNION BANK
OF INDIA
Andhra Pradesh Saptagiri Gramin
Bank
2006 Chittoor, Andhra
Pradesh
INDIAN BANK
Arunachal
Pradesh
Arunachal
Pradesh Rural
Bank
1983 Itanagar, Arunachal
Pradesh
SBI

23. _______________________________________
STATE BANK NAME ESTABLISH
YEAR
HEADQUARTER SPONSOR
BANK
Assam Assam Gramin
Vikash Bank
2006 Guwahati, Assam PNB
Bihar Dakshin Bihar
Gramin Bank
2019 Patna, India PNB
Bihar Uttar Bihar
Gramin Bank
2008 Muzaffarpur, India CENTRAL
BANK OF
INDIA
Chhattisgarh Chhattisgarh
Rajya Gramin
Bank
2013 Raipur,
Chhattisgarh
SBI
Gujarat Baroda Gujarat
Gramin Bank
2019 Vadodara, Gujarat BANK OF
BARODA
Gujarat Saurashtra
Gramin Bank
1978 Rajkot, Gujarat SBI

24. _______________________________________
STATE BANK NAME ESTABLISH
YEAR
HEADQUARTER SPONSOR
BANK
Haryana Sarva Haryana
Gramin Bank
2013 Rohtak, Haryana PNB
Himachal
Pradesh
Himachal
Pradesh Gramin
Bank
2013 Mandi, Himachal
Pradesh
PNB
Jammu And
Kashmir
Ellaquai Dehati
Bank
1979 Srinagar, Jammu
and Kashmir
SBI
Jammu And
Kashmir
Jammu And
Kashmir
Grameen Bank
2009 Jammu, Jammu and
Kashmir
JAMMU &
KASHMIR
BANK
Jharkhand Jharkhand Rajya
Gramin Bank
2019 Ranchi, Jharkhand SBI
Karnataka Karnataka
Gramin Bank
2019 Ballari, Karnataka CANARA BANK

25. _______________________________________
STATE BANK NAME ESTABLISH
YEAR
HEADQUARTER SPONSOR
BANK
Karnataka Karnataka Vikas
Grameena Bank
2005 Dharwad, Karnataka CANARA BANK
Kerala Kerala Gramin Bank 2013 Malappuram, Kerala CANARA BANK
Madhya
Pradesh
Madhya Pradesh
Gramin Bank
2019 Indore, Madhya
Pradesh
BANK OF INDIA
Madhya
Pradesh
Madhyanchal
Gramin Bank
2012
Sagar, Madhya
Pradesh
SBI
Maharashtra Maharashtra Gramin
Bank
2008 Aurangabad,
Maharashtra
BANK OF
MAHARASHTA
Maharashtra Vidarbha Konkan
Gramin Bank
2013 Nagpur,
Maharashtra
BANK OF INDIA
Manipur Manipur Rural Bank 1981 Imphal, Manipur PNB
Meghalaya Meghalaya Rural
Bank
1981 Shillong, Meghalaya SBI

26. _______________________________________
STATE BANK NAME ESTABLISH
YEAR
HEADQUARTER SPONSOR BANK
Mizoram Mizoram Rural
Bank
1983 Aizawl, Mizoram SBI
Nagaland Nagaland Rural
Bank
1983 Kohima, Nagaland SBI
Odisha Odisha Gramya
Bank
2013 Bhubaneswar, India INDIAN
OVERSEAS BANK
Odisha Utkal Grameen
Bank
2012 Bolangir, Odisha SBI
Puducherry Puduvai Bharathiar
Grama Bank
2008 Pondicherry,
Puducherry
INDIAN BANK
Punjab Punjab Gramin
Bank
2019 Kapurthala, Punjab PNB
Rajasthan Rajasthan
Marudhara Gramin
Bank
2014 Jodhpur, Rajasthan SBI

27. _______________________________________
STATE BANK NAME ESTABLISH
YEAR
HEADQUARTER SPONSOR
BANK
Rajasthan Baroda
Rajasthan
Kshetriya
Gramin Bank
2013 Ajmer, Rajasthan BANK OF
BARODA
Tamil Nadu Tamil Nadu
Grama Bank
2019 Salem, Tamil Nadu INDIAN BANK
Telangana Telangana
Grameena Bank
2014 Hyderabad,
Telangana
SBI
Tripura Tripura Gramin
Bank
1976 Agartala, India PNB
Uttar Pradesh Aryavart Bank 2019 Lucknow, Uttar
Pradesh
BOI
Uttar Pradesh Baroda UP Bank 2020 Ayodhya, Uttar
Pradesh
BANK OF
BRODA

28. _______________________________________
STATE BANK NAME ESTABLISH
YEAR
HEADQUARTER SPONSOR
BANK
Uttar Pradesh Prathama UP
Gramin Bank
2019 Moradabad, Uttar
Pradesh
PNB
Uttarakhand Uttarakhand
Gramin Bank
2012 Dehradun,
Uttarakhand
SBI
West Bengal Bangiya Gramin
Vikash Bank
2007 Berhampore, West
Bengal
PNB
West Bengal Paschim Banga
Gramin Bank
2007 Howrah, West
Bengal
UCO BANK
West Bengal Uttarbanga
Kshetriya Gramin
Bank
1977 Coochbehar, West
Bengal
CENTRAL
BANK OF
INDIA

29. 4. COOPERATIVE BANKS
Cooperative Banks are
organised under the state
government’s act. They give
short term loans to the
agriculture sector and other
allied activities.
The main goal of
Cooperative Banks is to
promote social welfare by
providing concessional
loans.

30. Structure of Co-operative Banks in India
There are two main categories of cooperative banks in
India, each of which has further subcategories:...
 Urban Co-operative Banks
1. Non-Scheduled UCBs
2. Scheduled UCBs
 Rural Co-operative Banks
1. State Cooperative Banks
2. District Central Cooperative Banks
3. Primary Agricultural Credit Societies

31. State Co-operative Banks (SCBs)
State Co-operative Banks
(SCBs) are the apex
institutions in the three-tier
cooperative credit structure,
operating at the state level
SCBs are registered
under the Co-operative
Societies Act of the State
concerned or under the
Multi-State Co-operative
Societies Act, 2002

32. THERE ARE 34 SCB’S IN INDIA
SR. NO. BANK NAME HEADQUARTER
1. The Andaman and Nicobar State Co-operative Bank
Ltd.
Port Blair, Andaman
and Nicobar Isls.
2. The Andhra Pradesh State Co-operative Bank Ltd. Vijayawada, Andhra
Pradesh
3. The Arunachal Pradesh State co-operative Apex Bank
Ltd.
Naharlagun,
Arunachal Pradesh
4. The Assam Co-operative Apex Bank Ltd. Guwahati,
Assam
5. The Bihar State Co-operative Bank Ltd. Patna,
Bihar
6. The Chandigarh State Co-operative Bank Ltd. Chandigarh
7. The Chhattisgarh Rajya Sahakari Bank Raipur, Chhattisgarh
8. The Delhi State Co-operative Bank Ltd. New Delhi

33. ______________________________________
SR. NO. BANK NAME HEADQUARTER
9. The Goa State Co-operative Bank Ltd. Panaji, Goa
10. Gujarat State Co-operative Bank Ltd. Ahmedabad, Gujarat
11. The Haryana State Co-operative Apex Bank Ltd. Chandigarh, Haryana
12. The Himachal Pradesh State Co-operative Bank Ltd. Shimla, Himachal
Pradesh
13. The Jammu and Kashmir State Co-operative Bank
Ltd.
Srinagar, Jammu &
Kashmir
14. Jharkhand State Co-operative Bank Ltd. Ranchi, Jharkhand
15. The Karnataka State Co-operative Apex Bank Ltd. Bangalore, Karnataka
16. The Kerala State Co-operative Bank Ltd. Thiruvananthapuram,
Kerala
17. The Madhya Pradesh Rajya Sahakari Bank Bhopal, Madhya Pradesh

34. _______________________________________
SR. NO. BANK NAME HEADQUARTER
18. The Maharashtra State Co-operative Bank Ltd. Mumbai, Maharashtra
19. The Manipur State Co-operative Bank Ltd. Imphal, Manipur
20. The Meghalaya Co-operative Apex Bank Ltd. Shillong, Meghalaya
21. The Mizoram Co-operative Apex Bank Ltd. Aizawl, Mizoram
22. The Nagaland State Co-operative Bank Ltd. Dimapur, Nagaland
23. The Odisha State Co-operative Bank Ltd. Bhubaneswar, Odisha
24. The Puducherry State Co-operative Bank Ltd. Mudaliarpet,
Puducherry
25. The Punjab State Co-operative Bank Ltd. Chandigarh, Punjab
26. The Rajasthan State Co-operative Bank Ltd. Jaipur, Rajasthan
27. The Sikkim State Co-operative Bank Ltd. Gangtok, Sikkim

35. _______________________________________
SR. NO. BANK NAME HEADQUARTER
28. The Tamil Nadu State Apex Co-operative Bank
Ltd.
Chennai, Tamil Nadu
29. The Telangana State Cooperative Apex Bank Ltd. Hyderabad, Telangana
30. Tripura State Co-operative Bank Ltd. Agartala, Tripura
31. The Uttar Pradesh Co-operative Bank Ltd. Lucknow , Uttar Pradesh
32. The Uttarakhand State Co-operative Bank Ltd. Nainital, Uttarakhand
33. The West Bengal State Co-operative Bank Ltd. Kolkata, West Bengal
34. The Daman and Diu State Co-operative Bank Ltd. Dilip Nagar
Nani Daman

36. Urban Co-operative Banks (UCBs)
Urban Co-operative Banks
(UCBs) are cooperative
banks that are located in
urban and semi-urban areas.
They are registered under
the Cooperative Societies
Act of the State concerned
or under the Multi-State
Co-operative Societies Act,
2002

37. THERE ARE 50 UCB’S IN INDIA
SR. NO. BANK NAME HEADQUARTER
1. Ahmedabad Mercantile Co-Op Bank Ltd. Ahmedabad, Gujarat
2. Kalupur Commercial Coop.Bank Ltd. Ahmedabad, Gujarat
3. Mehsana Urban Co-Op Bank Ltd. Mehsana, Gujarat
4. Nutan Nagarik Sahakari Bank Ltd. Ahmedabad, Gujarat
5. Rajkot Nagrik Sahakari Bank Ltd. Rajkot, Gujarat
6. Sardar Bhiladwala Pardi Peoples Coop Bank Ltd. Bulsar., Gujarat
7. Surat Peoples Coop Bank Ltd. Surat, Gujarat
8. Amanath Co-operative Bank Ltd. Bangalore, Karnataka
9. Andhra Pradesh Mahesh Co-Op Urban Bank Ltd. Hyderabad, Andhra Pradesh
10. Indian Mercantile Co-operative Bank Ltd. Lucknow, Uttar Pradesh

38. _______________________________________
SR. NO. BANK NAME HEADQUARTER
11. Abhyudaya Co-operative Bank Ltd. Mumbai, Maharashtra
12. Bassein Catholic Co-operative Bank Ltd. Vasai, Maharashtra
13. Bharat Co-operative Bank (Mumbai) Ltd. Mumbai, Maharashtra
14. Bharati Sahakari Bank Limited. Pune, Maharashtra
15. Bombay Mercantile Co-operative Bank Limited Mumbai, Maharashtra
16. Citizen Credit Co-operative Bank Ltd. Mumbai, Maharashtra
17. Cosmos Co-operative Urban Bank Ltd. Pune, Maharashtra
18. Dombivli Nagari Sahakari Bank Ltd. Dombivili (East), Maharashtra
19. Goa Urban Co-operative Bank Limited. North Goa, Goa
20. Gopinath Patil Parsik Janata Sahakari Bank Ltd., Thane Thane, Maharashtra
21. Greater Bombay Co-operative Bank Limited Mumbai, Maharashtra

39. _______________________________________
SR. NO. BANK NAME HEADQUARTER
22. Jalgaon Janata Sahakari Bank Ltd. Jalgaon, Maharashtra
23. Janakalyan Sahakari Bank Ltd. Mumbai, Maharashtra
24. Janalaxmi Co-operative Bank Ltd. Nashik, Maharashtra
25. Janata Sahakari Bank Ltd. Pune, Maharashtra
26. Kallappanna Awade Ichalkaranji Janata Sahakari
Bank Ltd.
Hatkanangale, Maharashtra
27. Kalyan Janata Sahakari Bank Ltd. Kalyan, Maharashtra
28. Karad Urban Co-operative Bank Ltd. Karad, Maharashtra
29. Mahanagar Co-operative Bank Ltd. Mumbai, Maharashtra
30. Mapusa Urban Co-operative Bank of Goa Ltd Mapusa, Goa
31. Nagar Urban Co-operative Bank Ltd. Ahmednagar, Maharashtra

40. _______________________________________
SR. NO. BANK NAME HEADQUARTER
32. Nasik Merchant's Co-operative Bank Ltd. Nasik, Maharashtra
33. New India Co-operative Bank Ltd. Mumbai, Maharashtra
34. NKGSB Co-operative Bank Ltd. Mumbai, Maharashtra
35. Pravara Sahakari Bank Ltd. Ahmednagar, Maharashtra
36. Punjab & Maharashtra Co-operative Bank Ltd. Mumbai, Maharashtra
37. Rupee Co-operative Bank Ltd. Pune, Maharashtra
38. Sangli Urban Co-operative Bank Ltd. Sangli, Maharashtra
39. Saraswat Co-operative Bank Ltd. Mumbai, Maharashtra
40. Shamrao Vithal Co-operative Bank Ltd. Mumbai, Maharashtra
41. Solapur Janata Sahakari Bank Ltd. Solapur, Maharashtra
42. Thane Bharat Sahakari Bank Ltd. Thane (W), Maharashtra
43. The Kapole Co-operative Bank Ltd. Mumbai, Maharashtra
44. TJSB Sahakari Bank Thane, Maharashtra

41. _______________________________________
SR. NO. BANK NAME HEADQUARTER
45. Zoroastrian Co-operative Bank Ltd. Mumbai, Maharashtra
46. Nagpur Nagrik Sahakari Bank Ltd. Nagpur, Maharashtra
47. Shikshak Sahakari Bank Ltd. Nagpur, Maharashtra
48. The Akola Janata Commercial Co-operative Bank
Ltd.
Akola, Maharashtra
49. The Akola Urban Co-operative Bank Ltd. Akola, Maharashtra
50. The Khamgaon Urban Co-operative Bank Ltd. Buldhana, Maharashtra

42. 5.Local Area Banks (LABs)
LABs introduced in India
in the year 1996
These are organized by
the private sector
Earning profit is the main
objective of Local Area
Banks
Local Area Banks are
registered under
Companies Act, 1956

43. THERE ARE 4 LOCALAREA
BANKS IN INDIA
SR. NO. BANK NAME HEADQUARTER ESTABLISHED
1. Coastal Local Area Bank Ltd. Vijayawada,
Andhra Pradesh
1999
2. Krishna Bhima Samruddhi LAB Ltd. Hyderabad,
Telangana
1999
3. Subhadra Local Bank Ltd. Kolhapur,
Maharashtra
2001
4. Capital Local Area Bank Jalandhar, Punjab 2000

44. 6. Small Finance Banks
Small Finance Banks (SFBs) are
a type of niche banks in India that
provide basic banking services of
accepting deposits and lending.
They were established with the
aim of providing financial
inclusion to sections of the
economy not being served by
other banks, such as small
business units, small and marginal
farmers, micro and small
industries, and unorganized sector
entities.

45. THERE ARE 12 SMALL FINANCE
BANKS IN INDIA
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
AU Small Finance
Bank
2017 Jaipur, Rajasthan
Sanjay Aggarwal
Capital Small
Finance Bank
2016 Jalandhar, Punjab
Sarvjit Samra
Equitas Small
Finance Bank
2016
Chennai, Tamil
Nadu
PN Vasudevan
ESAF Small Finance
Bank
2017 Thrissur, Kerala
K. Paul Thomas
Fincare Small
Finance Bank
2017
Bangalore,
Karnataka
Rajeev Yadav
Jana Small Finance
Bank
2018
Bangalore,
Karnataka
Ajay Kanwal

46. _______________________________________
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
North East Small
Finance Bank
2017 Guwahati, Assam
Ms. Kalita
Shivalik Small
Finance Bank
2021
Saharanpur,
Uttar Pradesh
Anshul Swami
Suryoday Small
Finance Bank
2017
Mumbai,
Maharashtra
Baskar Babu
Ujjivan Small
Finance Bank
2017
Bangalore,
Karnataka
Ittira Davis
Unity Small Finance
Bank
2021
Mumbai
Maharashtra
Inderjit Camotra
Utkarsh Small
Finance Bank
2018
Varanasi,
Uttar Pradesh
Govind Singh

47. 7. Payments Banks
Payments banks are new model
of banks, conceptualised by
the Reserve Bank of India
(RBI), which cannot issue
credit. These banks can accept
a restricted deposit, which is
currently limited to ₹200,000
per customer and may be
increased further. These banks
cannot issue loans and credit
cards.

48. THERE ARE 6 PAYMENTS BANKS
IN INDIA
NAME ESTABLISHED HEADQUARTERS CURRENT CEO
Airtel Payments
Bank
2017 New Delhi, Delhi
Anubrata Biswas
India Post Payments
Bank
2018 New Delhi, Delhi
J. Venkatramu
Paytm Payments
Bank
2017 Noida, Uttar Pradesh
Vijay Shekhar
Sharma
Jio Payments Bank 2018 Mumbai, Maharashtra Vinod Easwaran
Fino Payments Bank 2017 Mumbai, Maharashtra Rishi Gupta
NSDL Payments
Bank
2018 Mumbai, Maharashtra
Padmaja Chunduru