Banks in India
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets because banks play an important role in financial stability and the economy of a country.
Most countries have institutionalised a system known as reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities.
In India we have reserve bank of India which plays role of central bank of country.
Currently, there are a total of 34 banks functioning in India of which 12 are public sector banks and rest 22 are private sector banks.
List of Banks, Headquaters and their Taglines
Bank Name | Headquates | Heads | Taglines |
Axis Bank | Mumbai | Amitabh Choudhary (MD & CEO) Shri Rakesh Makhija (Chairman) | Badhti ka naam zindagi |
Bandhan Bank | Kolkata | Chandra Shekhar Ghosh (MD & CEO) Anup Kumar Sinha (Chairman) | Aapka Bhala, Sabki Bhalai |
Bank of Baroda | Vadodara | Sanjiv Chadha (MD & CEO) Hasmukh Adhia (Chairman) | India’s International Bank |
Bank of India | Mumbai | Atanu Kumar Das (MD & CEO) | Relationship beyond banking |
Bank of Maharashtra | Pune | Atanu Kumar Das (MD & CEO) | One Family one bank |
Canara Bank | Bengaluru | L V Prabhakar (MD & CEO) T.N.Manoharan (Chairman) | Together we can |
Catholic Syrian Bank | Thrissur | C.VR. Rajendran (MD & CEO) | Support all the way |
Central bank of India | Mumbai | Pallav Mohapatra (MD & CEO) | Central to you since 1911 |
City Union Bank | Kumbakonam | Dr.N Kamakodi (CEO) | Trust and Excellence |
Development Credit Bank | Mumbai | Mr. Murali M. Natrajan (MD & CEO) Mr. Nasser Munjee (Chairman) | We value you |
Dhanlaxmi bank | Thrissur | Sunil Gurbaxani (MD & CEO) Sajeev Krishnan (Chairman) | Tann, Mann, Dhan |
Federal bank | Aluva, Kochi | Shyam Srinivasan (MD & CEO) | Your Perfect Banking Partner |
HDFC Bank | Mumbai | Aditya Puri (MD & CEO) | We Understand Your World |
ICICI Bank | Mumbai | Sandeep Bakshi (MD & CEO) Girish Chandra Chaturvedi (Chairman) | Hum Hai na, Kyaal aapka |
IDBI bank | Mumbai | Rakesh Sharma (MD & CEO) | Banking for All, ”Aao sochein Bada” |
IDFC First bank | Mumbai | Mr.V.Vaidyanathan (MD & CEO) | Banking Hatke |
Indian Bank | Chennai | Padmaja Chunduru (MD & CEO) | Your Own Bank |
Indian Overseas bank | Chennai | Karnam Sekar (MD & CEO) | Good people to grow with |
IndusInd Bank | Pune | Sumant Kathpalia (MD & CEO) | We care dil se; We make you feel richer |
Jammu & Kashmir Bank | Srinagar | R K Chhibber | Serving to Empower |
Karnataka Bank | Mangalore | Mahabaleshwara M.S (MD & CEO) | Your Family Bank Across India |
Karur Vysya Bank | Karur | N. S. Srinath (Chairman) | Smart way to Bank |
Kotak Mahindra Bank | Mumbai | Uday Kotak (Founder, MD & CEO) Prakash Apte (Chairman) | Let’s Make Money Simple |
Punjab And Sind Bank | New Delhi | S. Hari Shanker (MD & CEO) | Where service is a way of life |
Punjab National Bank | New Delhi | S.S Mallikarjuna Rao (MD & CEO) Sunil Mehta (chairman) | The name you can bank upon |
RBL Bank | Mumbai | Mr Vishwavir Ahuja (MD & CEO) | Apno ka bank |
State Bank of India | Mumbai | Rajnish Kumar (Chairman & MD) | “With You-All The Way”, “Pure Banking Nothing Else”, “The Nation Banks on us”, “A Bank of the Common Man”. The Banker To Every Indian”. |
South Indian Bank | Thrissur | V.G. Mathew (MD & CEO) Salim Gangadharan (chairman) | Experience next generation banking |
Tamilnad Mercantile bank | Thoothukudi | K. V. Rama Moorthy (MD & CEO) | Be a step ahead of life |
UCO Bank | Kolkata | Shri. Atul Kumar Goel (MD & CEO) | Honors your trust |
Union Bank of India | Mumbai | Rajkiran Rai G (MD & CEO) | Good People to Bank with |
Yes Bank | Mumbai | Prashant Kumar (MD & CEO) | Experience our expertise |
Small Finance Banks, Headsquaters and their Taglines
Name of Bank | Headquarters | Heads | Taglines |
Au Small Finance Bank | Jaipur | Sanjay Agarwal | Chalo Aage Badhe |
Capital Small Finance Bank | Jalandhar, Punjab | Sarvjit Singh Samra | Vishwas se Vikas tak |
Equitas Small Finance Bank | Chennai | PN Vasudevan | It’s Fun Banking |
ESAF Small Finance Bank | Thrissur, Kerala | Kadambelil Paul Thomas | Joy of Banking |
Fincare Small Finance Bank | Bengaluru | Rajeev Yadav | Banking On More |
Jana Small Finance Bank | Bangaluru | Ajay Kanwal | Paise Ke Kadar |
North East Small Finance Bank | Guwahati | Rupali Kalita | Your Door Step Banker |
Suryoday Small Finance Bank | Belapur, Navi Mumbai | Baskar Babu Ramachandran | A Bank of Smiles |
Ujjivan Small Finance Bank | Bengaluru | Nitin Chugh | Bharosa, Aake bharose par |
Utkarsh Small | Varanasi | Govind Singh | Apki Umeed ka Khata |
Payment Banks, Headquarters and their Taglines
Name of Bank | Headquaters | Heads | Taglines |
Airtel Payments Bank | New Delhi | Anubrata Biswas | — |
India Post Payments Bank (Now it will become Small Finance Bank) | New Delhi | Suresh Sethi | Aapka Bank Aapke Dwar |
FINO Payments Bank | Mumbai | Rishi Gupta | Qadar aapki mehnat ki |
Paytm Payments Bank | Noida | Satish Kumar Gupta | — |
Jio Payments Bank | Mumbai | H. Srikrishnan | — |
NSDL Payments Bank | Mumbai | SP. Narayanan | Technology Trust and Reach |