private sector banks in India

All you Need to Know about Private Sector Banks in India

Banking Awareness

List of Private Sector Banks in India along with their headquarters and tagline is an important topic in Bank Exams.You can expect at least one question from this topic in any bank exam. This is a must read topic for a Bank aspirant. Bank slogans and bank headquarters topic is actually quite easy and scoring.Before going to know Private Sector Banks in India with their headquarters and taglines, first we should know what is Private Sector Bank?

Private Sector Banks in India :

The Indian Banking System comprises two major sector of Banks. i.e. Public and Private Sector Banks. The former is controlled by the Government and the latter’s share or equity are held by private share holders. The Private Sector Banks in India are divided into two groups. They are Old Private Sector Banks and New Private Sector Banks. There are total 21 Private Sectors Banks as per RBI official Data.

  • Old private sector banks existed prior to the nationalization in 1969 and kept their independence because they were either too small or specialist to be included in nationalization.
  • The new private sector banks are those that have gained their banking license since the liberalization in the 1990 ‘s.

Recommend to Read : Indian Public sector banks with their headquarters and taglines

Private Sector Banks in India with their headquarters and taglines:

Bank Name HeadQuarters  Tagline/Punchline
 AXIS Bank  Mumbai,Maharashtra  Badhti Ka naam Zindagi
 Citi Union Bank  Kumbakonam,Tamilnadu  Trust and Excellene since 1904
 Catholic Syrian Bank  Thrissur  Support all the way
 Dhanlaxmi Bank  Thrissur,Kerela  Tann. Mann. Dhan
 Development Credit Bank  Mumbai  We Value You
 Federal Bank  Aluva, Kochi  Your perfect banking partner
 HDFC Bank  Mumbai  We Understand your world
 ICICI Bank  Mumbai  Hum Hai Na, Khyal Apka
 IDFC Bank  Mumbai  Banking Hatke
 IndusInd Bank  Mumbai  We make money simple
 Jammu and Kashmir Bank  Srinagar  Serving to Empower
Karnataka Bank Mangalore,Karnataka  Your Family Bank Across India
 Kotak Mahindra Bank  Mumbai  Let’s make money simple
 Karur Vysya Bank  Karur  Smart way to bank
 Lakshmi Vilas Bank  Karur,Tamilnadu  The Changing Face of prosperity
 Nainital Bank  Nainital  Banking with personal touch
 RBL Bank  Kolhapur,Maharashtra  Apno ka Bank
 South Indian Bank  Thrissur  Experience next generation banking
 Tamilnad Mercantile Bank Limited  Tuticorin,Tamilnadu  Be a step ahead of Life
 Yes Bank  Mumbai  Experience our Expertise
 Bandhan Bank  Kolkata  Aapka Bhala, Sabki Bhalai


HDFC – Housing and Development Finance Corporation

ICICI – Industrial Credit and Investment Corporation of India

IDFC – Infrastructure Development Finance Company

Some more Points about to private banks :

  • HDFC bank is the largest private sector bank of India in terms of market capitalization.
  • ICICI bank is the largest private sector bank of India in terms of standalone assets.
  • ICICI bank is the only Domestic Systemically important bank out of all private sector banks.

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