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The major types of banks in India are as follows: Public sector banks in India - All government owned banks fall in this variety. Besides the Reserve Bank of India, the State Bank of India and its associate banks and about 20 nationalized banks, all comprises of the public sector banks. Many of the regional rural banks that are funded by the government banks can also be clubbed in this genre. Private sector banks in India - A new wave in the banking industry came about with the private sector banks in India. With policies on liberalization being generously taken up, these private banks were established in the country that also contributed heavily towards the growth of the economy and also offering numerous services to its customers. Some of the most popular banks in this genre are: Axis Bank, Bank of Rajasthan, Catholic Syrian Bank, Federal Bank, HDFC Bank, ICICI Bank, ING Vysya Bank, Kotak Mahindra Bank and SBI Commercial and International Bank. The Foreign Banks in India like HSBC, Citibank, and Standard Chartered bank etc can also be clubbed here. Cooperative banks in India - With the aim to specifically cater to the rural population, the cooperative banks in India were set up through the country. Issues like agricultural credit and the likes are taken care of by these banks.
List of Banks in IndiaRBI ABN AMRO Bank Andhra BankAxis Bank Bank of Baroda Bank Of IndiaBarclays Bank Canara Bank Central Bank of IndiaCitibank Corporation Bank Dena BankDeutsche Bank GE Financial HDFCHSBC ICICI IDBIIndiabulls Financial Services Indian Bank Indian Overseas BankING Vysya Kotak Mahindra Bank LIC Housing Finance CorporationNational Housing Bank Oriental Bank of Commerce PNBPunjab & Sind Bank Reliance Money SBIStandard Chartered Syndicate Bank Union Bank of IndiaUnited Bank of India
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