Banking

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List of Banks in India

Banks are of three types

(1)   Public Sector Banks

(2)   Private Sector Banks

(3)   Foreign Banks

Under Public sector banks

(1)   Nationalized Banks

(2)   State Bank of India and their subsidiaries

(3)   Regional Rural Banks

Important Details about Nationalized Banks in India

Sl.NO	Name of the Bank	Chairman	Head Office	Year of Commencement
1	Allahabad Bank	Shubhalakshmi Panse	Kolkata	1865
2	Andhra Bank	B.A. Prabhakara	Hyderabad	20th November, 1923
3	Bank of Baroda	S.S. Mundra	Baroda (Vadodara)	20th July, 1908
4	Bank of India	V R Iyer	Mumbai	7th September, 1906
5	Bank of Maharashtra	Narendra Singh	Pune	1935
6	Canara Bank	Rajiv Kishore Dubey	Bangalore	1906
7	Central Bank of India	Shri. Rajeev Rishi	Mumbai	21 December, 1911
8	Corporation Bank	Shri S.R. Bansal	Mangalore	1906
9	Indian Bank	T.M. Bhasin	Chennai	1907
10	Indian Overseas Bank	Shri M. Narendra	Chennai	February 10th, 1937
11	Oriental Bank of Commerce	Shri S.L. Bansal	New Delhi	February 19th, 1943
12	Punjab National Bank	Shri K.R Kamath	New Delhi	1895
13	Punjab & Sind Bank	SH. Devinder Singh	New Delhi	1908
14	Syndicate Bank	Shri Sudhir Kumar Jain	Mani pal	1925
15	UCO Bank	Shri Arun Kaul	Mumbai	6th January, 1943
16	Union Bank of India	Shri D. Sarkar	Kolkata	11th November, 1919
17	United Bank of India	Ms. Archana Bhargava	Kolkata	1950
18	Vijaya Bank	Shri. H.S. Upendra Kamath	Bangalore	1931
19	IDBI bank	Mr. M.S. Raghavan	Mumbai	July, 1964
20	Dena Bank	Shri. Ashwani Kumar	Mumbai	1938
21	ECGC	Shri N Shankar	Mumbai	30th July, 1957

Important Details about State Bank of India and their Subsidiaries

State Bank of India has 5 associate banks State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore. State Bank of Saurashtra and State Bank of Indore are merged into SBI. On October 7^th, 2013 Arundhati Bhatacharya is appointed as the first lady chairperson for SBI.

Sl.NO	Name of the Bank	Chairman	Head Office	Year of Commencement
1	State Bank of India	Arundhati Bhattacharya	Mumbai	1st July, 1955
2	State Bank of Hyderabad	Pratip Chaudhuri	Hyderabad	8th August, 1941
3	State Bank of Mysore	Pratip Chaudhuri	Bangalore	2nd October, 1913
4	State Bank of Patiala	Pratip Chaudhuri	Patiala	1st April, 1960
5	State Bank of Bikaner & Jaipur	Pratip Chaudhuri	Jaipur	1963
6	State Bank of Travancore	Pratip Chaudhuri	Thiruvananthapuram	12th September, 1945
7	State Bank of Saurashtra	Merged into SBI on 13th August, 2013
8	State Bank of Indore	Merged into SBI on 2010