LIST OF PRIVATE SECTOR BANKS AND THEIR HEADQUARTERS & TAGLINES – Static GK Updates Here!!!

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Private Sector Banks

The private-sector banks in India represent part of the Indian banking sector that is made up of private and public sector banks. The “private-sector banks” are banks where greater parts of share or equity are not held by the government but by private share holders.

The private sector banks are split into two groups  by  financial regulators in India, old and new. The old private sector banks existed prior to the nationalisation in 1969 and kept their independence because they were either too small or specialist to be included in nationalisation. The new private sector banks are those that have gained their banking license since the liberalisation in the 1990s.

The Nedungadi Bank was the first private sector bank in India which was founded in 1899 by Rao Bahadur T.M. (Thalakodi Madathil) Appu Nedungadi in Kozhikode, Kerala.

LIST OF PRIVATE SECTOR BANKS AND THEIR HEADQUARTERS & TAGLINES

Sl noPrivate Sector BanksHeadquartersTaglines
1Axis Bank Ltd.MumbaiBadhti ka naam zindagi
2HDFC Bank Ltd.MumbaiWe understand your world
3ICICI Bank Ltd.MumbaiHum Hai na!!; Khyal Apka
4Kotak Mahindra Bank Ltd.MumbaiLets make money simple
5Yes Bank Ltd.MumbaiExperience our expertise
6Indusind Bank Ltd.MumbaiWe make you feel richer
7Federal Bank Ltd.Kochi, KeralaYour Perfect Banking Partner
8Jammu & Kashmir Bank Ltd.Sri NagarServing to empower
9South Indian Bank Ltd.Thrissur, Kerala Experience Next Generation Banking
10Karur Vysya Bank LtdKarur, TamilnaduSmart way to Bank
11Bandhan Bank Ltd.Kolkata, West BengalAapka Bhala, Sabki Bhalai
12IDFC Bank Ltd. (Newly Licensed in 2014)Mumbai
13Lakshmi Vilas Bank Ltd.TamilnaduThe changing face of Prosperity
14Tamilnad Mercantile Bank Ltd.TuticorinBe a step ahead of Life
15RBL BankKolhapur
16Karnataka Bank Ltd.MangaloreYour family bank across India
17ING Vysya Bank Ltd. (Merged with Kotak Mahindra Bank in April 2015)BangaloreJiyo Easy
18DCB Bank Limited (Development Credit Bank)Mumbai

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