Banks in India are classified into four categories -
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,
Gujarat |
| Bank of India(87.054%) | ₹9,030 billion (US$130 billion) | 5,000 | Mumbai,
Maharashtra |
|
| Bank of Maharashtra (87.01%) | ₹2,340 billion (US$33 billion) | 1,897 | Pune,
Maharashtra |
|
| Canara Bank (72.55%) | Syndicate Bank | ₹15,203 billion (US$210 billion) | 10,342 | Bengaluru,
Karnataka |
| Central Bank of India (88.02%) | ₹4,680 billion (US$66 billion) | 4,666 | Mumbai,
Maharashtra |
|
| 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,
Delhi |
|
| Punjab National Bank (70.22%) | Oriental Bank of Commerce
United Bank of India |
₹17,940 billion (US$250 billion) | 11,437 | New Delhi,
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,
Maharashtra |
| 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,
Maharashtra |
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