Top 10 Listed Private Sector Banks in India

List of the top 10 Listed Private Sector Banks in India.

Here is a list of top ten Private Sector Banks in India. It’s shares are actively traded on Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).

 Bank NameWebsite
 1 HDFC Bank
 2 ICICI Bank
 3 Kotak Mahindra Bank
 4 Axis Bank
 5 IndusInd Bank
 6 Yes Bank
 7 IDFC Bank
 8 Federal Bank
 9 Karur Vysya Bank
 10 City Union Bank

1] HDFC Bank

The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an ‘in principle’ approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of RBI’s liberalisation of the Indian Banking Industry in 1994. The bank was incorporated in August 1994 in the name of ‘HDFC Bank Limited’, with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995.

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2] ICICI Bank

ICICI Bank(Industrial Credit and Investment Corporation of India) is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra, India, with its registered office in Vadodara. As of 2014, it is the second largest bank in India in terms of assets.

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3] Kotak Mahindra Bank

Kotak Mahindra Bank Ltd is a one stop shop for all banking needs. The bank offers personal finance solutions of every kind from savings accounts to credit cards, distribution of mutual funds to life insurance products.

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4] Axis Bank

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.

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5] IndusInd Bank

Indusind Bank incorporated in April 1994 derives its name from the Indus Valley civilisation. The bank was the vision of Srichand P Hinduja, a Non–Resident Indian businessman and head of the Hinduja Group.

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6] Yes Bank

YES BANK, India’s 5th largest private sector Bank. The Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

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7] IDFC Bank

IDFC Limited offers infrastructure project financing services. The Company primarily finances energy, telecommunications, and transportation projects.

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8] Federal Bank

Federal Bank Limited is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India.

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9] Karur Vysya Bank

Karur Vysya Bank was started in the year 1916 in Karur, then a small textile town with a vast agricultural background, by two illustrious sons of the soil – Sri M.A. Venkatarama Chettiar and Sri Athi Krishna Chettiar. What started as a venture with a seed capital of Rs. 1.00 lakh has grown into a leading financial institution that offers a gamut of financial services to millions of its customers under one roof.

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10] City Union Bank

The bank, ‘The Kumbakonam Bank Limited’ as it was then called was incorporated as a limited company on 31st October, 1904. The first Memorandum of Association was signed by twenty devoted and prominent citizens of Kumbakonam including Sarvashri R. Santhanam Iyer, S.Krishna Iyer, V.Krishnaswami Iyengar and T.S.Raghavachariar. T.S.Raghavachariar was the First Agent of the Bank.

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