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Banking industry has a great demand and good growth prospects in India and so many new private banks apply for banking license with Reserve Bank of India.

There are many private banks in India. Some of them are:

  1. ICICI Bank
  2. HDFC Bank
  3. Kotak Mahindra bank
  4. Axis Bank
  5. City Union Bank
  6. Federal Bank
  7. ING Vysya Bank
  8. Etc.
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13y ago
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13y ago

There are many private banks in India. Some of them are:

  1. ICICI Bank
  2. HDFC Bank
  3. Kotak Mahindra bank
  4. Axis Bank
  5. City Union Bank
  6. Federal Bank
  7. ING Vysya Bank

Etc.

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15y ago

1. HDFC Bank

2. ICICI Bank

3. Axis Bank

4. KVB etc..

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15y ago

ICICI and HDFC are the two best private banks in India

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Q: How private banks are there in India?
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How many number of banks are in India?

There are numerous banks in India. the approximate numbers are as follows: a. Nationalized Banks - 27 b. State Bank Group - 8 c. Private Banks - 30 d. Foreign Banks - 40


How reserve bank of India regulate public sector bank?

Reserve bank of India not only regulates the public sector banks in India, but also the private banks and international banks that operate inside India. Reserve Bank of India supervises/oversees the banking operations of all banks in India. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds). They also decide the lending and deposit rates for all banks in the country.


Which is richest bank after rbi in India?

State Bank of India is the richest bank in India after RBI. Mr. O.P. Bhatt is the present Chairman (Head) of State Bank of India. SBI is the largest bank in India and is also the largest public sector bank in India. It has more than 16,000 branches in India which is the largest banking branch network in India.


Are private banks governed by RBI?

Yes. Private Banks are also governed by RBI. Any bank that is authorized to provide banking services in India is governed by the RBI. There are many private banks in India. Some of them are: 1. ICICI Bank 2. HDFC Bank 3. Kotak Mahindra bank 4. Axis Bank 5. City Union Bank 6. Federal Bank 7. ING Vysya Bank 8. Etc.


Are district cooperative banks government banks or private banks?

That would depend on where you live but cooperative banks are normally private banks owned by the people (but not the government).

Related questions

How many private secotr banks in India?

There are numerous banks in India. the approximate numbers are as follows:a. Nationalized Banks - 27b. State Bank Group - 8c. Private Banks - 30d. Foreign Banks - 40Some private banks are:ICICI BankHDFC BankAxis BankKotak Mahindra Banketc


Classification of Banks in India?

Classification of Banks in India is done into four main classes. The classes include commercial banks, savings banks, public sector banks and private sector banks.


How many private banks in India?

There are many private banks in India. Some of them are:ICICI BankHDFC BankKotak Mahindra bankAxis BankCity Union BankFederal BankING Vysya BankEtc.


Is a bank a private entity?

Not always. Banks can be private or public. For example in India ICICI Bank is a private banking entity owned by a company while State Bank of India is a public entity owned by the government of India. All countries have a combination of private and public banks


List of mnc bank present in India?

There are far too many banks in India to list here. There are hundreds of banks in several categories. Categories include Nationalized banks, Regional rural banks, foreign banks. and private sector banks.


What are the existing private sectors bank in India?

Some of the top private sector banks in India are:ICICI BankHDFC BankYes BankKotak Mahindra BankKarur Vysya BanketcA full list of all registered banks in India can be seen in the related links section


What kind of banks available in India?

There are numerous banks in India. By category, their numbers are as follows:Registered Commerical Banks - 67Rural or Grameen Banks - 32Urban Co-operative Banks - 11The full list of the bank names can be found in the link in the related links section of this answer


Brief history about axis bank?

Axis Bank opened in 1994, shortly after private banks were allowed in India. It is now the third-largest private bank in India.


The rate at which the private banks lend to reserve bank of India is known as?

Bank Rate


How many number of banks are in India?

There are numerous banks in India. the approximate numbers are as follows: a. Nationalized Banks - 27 b. State Bank Group - 8 c. Private Banks - 30 d. Foreign Banks - 40


How reserve bank of India regulate public sector bank?

Reserve bank of India not only regulates the public sector banks in India, but also the private banks and international banks that operate inside India. Reserve Bank of India supervises/oversees the banking operations of all banks in India. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds). They also decide the lending and deposit rates for all banks in the country.


What is the total number of banks in India?

There are numerous banks in India. the approximate numbers are as follows: a. Nationalized Banks - 27 b. State Bank Group - 8 c. Private Banks - 30 d. Foreign Banks - 40 Each bank has hundreds of branches and the bigger ones have thousands of branches across India.