Banks in India: List of Banks in India in 2020

Banks in India are classified into four categories -


Banks in India


List of Banks in India in 2020


Anchor Bank Merged Banks Total Assets Branches Headquarter
Bank of Baroda (63.74%) Vijaya Bank

Dena Bank

₹16,130 billion (US$230 billion) 9,481 Vadodara,


Bank of India(87.054%) ₹9,030 billion (US$130 billion) 5,000 Mumbai,


Bank of Maharashtra (87.01%) ₹2,340 billion (US$33 billion) 1,897 Pune,


Canara Bank (72.55%) Syndicate Bank ₹15,203 billion (US$210 billion) 10,342 Bengaluru,


Central Bank of India (88.02%) ₹4,680 billion (US$66 billion) 4,666 Mumbai,


Indian Bank (81.73%) Allahabad Bank ₹8,080 billion (US$110 billion) 6,104 Chennai,

Tamil Nadu

Indian Overseas Bank (91%) ₹3,750 billion (US$53 billion) 3,400 Chennai,

Tamil Nadu

Punjab and Sind Bank (79.62%) ₹1,710 billion (US$24 billion) 1,554 New Delhi,


Punjab National Bank (70.22%) Oriental Bank of Commerce

United Bank of India

₹17,940 billion (US$250 billion) 11,437 New Delhi,


State Bank of India (61.00%) State Bank of Bikaner & Jaipur

State Bank of Hyderabad

State Bank of Indore

State Bank of Mysore

State Bank of Patiala

State Bank of Saurashtra

State Bank of Travancore

Bhartiya Mahila Bank

₹52,050 billion (US$730 billion) 24,000 Mumbai,


UCO Bank (93.29%) ₹3,170 billion (US$44 billion) 4,000 Kolkata,

West Bengal

Union Bank of India (67.43%) Andhra Bank

Corporation Bank

₹14,594 billion (US$200 billion) 9,609 Mumbai,




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