State Bank of India is the largest bank and also the oldest bank still in existence. Public Sector Banks where majority of stake held by a government and private sector banks shares held by private share holders. The following is a list of largest private sector banks of India by assets.
ICICI Bank is the largest private sector bank in India in terms of assets and second largest Indian bank in terms of assets and market capitalisation.
ICICI is also listed as one of the Big Four banks of India along with State Bank of India, Bank of Baroda and Punjab National Bank. The bank has a network of 4867 branches in India and presence in international countries.
HDFC Bank is a banking and financial services company and second largest private sector bank by assets. HDFC Bank products and services includes personal loans,credit cards,banking and retail banking.
Axis Bank is the third largest private sector bank in India, head office in Mumbai and nine international offices. The bank has 4050 branches across the country and over 50,000 employees also has largest ATM network in India.
Yes Bank is the fourth largest private sector bank in India, primarily operates as a corporate bank and listed on the Bombay Stock Exchange. Yes Bank also operates entities of Yes Capital and Management Services.
Kotak Mahindra Bank offers a wide range of banking and financial services, headquartered in Mumbai and one of the largest Indian private sector bank, also acquired ING Vysya Bank.
IndusInd Bank is the new generation private banks in India, offers electronic transaction, retail banking and commercial services. The bank has 1,558 branches spread across the different locations in the country.
Federal Bank is a popular commercial bank in India and also has a large network of partners abroad. The bank also listed in the BSE, NSE and has brand at GIFT City in Gujarat, India’s first International Financial Services Centre.
IDFC First Bank is part of the IDFC finance company based in India, registered office in Chennai. The Indian banking company started operations in 2015 and merged with Capital First in 2018.
Jammu & Kashmir Bank is a private owned bank headquarters in Srinagar and first bank in India to emerge as a state owned bank. J&K Bank has total 958 branches and achieved a total business of Rs 1000 billion in the year 2013, the platinum jubilee year.
South Indian Bank is among the major private sector banks in Kerala and the branches spread across the states of Kerala, Tamil Nadu and Andhra Pradesh.