List of Indian Banks with Founder and Year of Establishment
Who Founded the Public Sector Banks in India and When?
Bank Name | Founder | Year of Establishment |
State Bank of India (SBI) | British India Government (as Imperial Bank of India, later renamed) | 1955 (as SBI) |
Punjab National Bank (PNB) | Lala Lajpat Rai & others | 1894 |
Bank of Baroda | Maharaja Sayajirao Gaekwad III | 1908 |
Union Bank of India | Mahatma Gandhi (inaugurated it) | 1919 |
Canara Bank | Ammembal Subba Rao Pai | 1906 |
Indian Bank | S. Rm. M. Ramaswami Chettiar | 1907 |
Indian Overseas Bank (IOB) | M. Ct. M. Chidambaram Chettyar | 1937 |
UCO Bank | G.D. Birla (as United Commercial Bank) | 1943 |
Bank of Maharashtra | V.G. Kale & D.K. Sathe | 1935 |
Central Bank of India | Sir Sorabji Pochkhanawala | 1911 |
Punjab & Sind Bank | Bhai Vir Singh, Sir Sunder Singh Majithia & others | 1908 |
Who are the Founders of Private Sector Banks in India?
Bank Name | Founder | Year of Establishment |
HDFC Bank | Hasmukhbhai Parekh (HDFC promoted) | 1994 |
ICICI Bank | Industrial Credit and Investment Corporation of India | 1994 |
Axis Bank | UTI, LIC, GIC & others | 1993 |
Kotak Mahindra Bank | Uday Kotak | 2003 (as bank) |
IndusInd Bank | S.P. Hinduja | 1994 |
Yes Bank | Rana Kapoor & Ashok Kapur | 2004 |
IDFC FIRST Bank | Merger of IDFC Bank & Capital First (founded by V. Vaidyanathan) | 2015 |
Bandhan Bank | Chandra Shekhar Ghosh | 2015 |
CSB Bank (Catholic Syrian Bank) | Local Syrian Christian community | 1920 |
DCB Bank (Development Credit Bank) | Merger of Ismailia Co-operative Bank Ltd. and Masalawala Co-operative Bank | 1930 (as co-op), 1995 (as bank) |
RBL Bank (Ratnakar Bank) | A group of Kolhapur businessmen | 1943 |
List of Small Finance Banks with Founder and Year of Establishment
Bank Name | Founder/Promoted by | Year of Establishment |
AU Small Finance Bank | Sanjay Agarwal | 2017 |
Equitas Small Finance Bank | P.N. Vasudevan | 2016 |
Ujjivan Small Finance Bank | Samit Ghosh | 2017 |
Suryoday Small Finance Bank | R. Baskar Babu | 2017 |
ESAF Small Finance Bank | K. Paul Thomas | 2017 |
Jana Small Finance Bank | Ramesh Ramanathan (as Janalakshmi Financial Services) | 2018 |
North East Small Finance Bank | RGVN (North East) Microfinance Ltd | 2017 |
Fincare Small Finance Bank | Manish Kumar & Ajay Kanwal | 2017 |
Utkarsh Small Finance Bank | Govind Singh | 2017 |
Capital Small Finance Bank | Sarvjit Singh Samra | 2016 |
Which Companies Founded the Payments Banks in India?
Bank Name | Founder/Promoter | Year of Establishment |
Airtel Payments Bank | Bharti Airtel | 2017 |
India Post Payments Bank | Department of Posts, Govt. of India | 2018 |
Paytm Payments Bank | Vijay Shekhar Sharma | 2017 |
Fino Payments Bank | Fino PayTech | 2017 |
NSDL Payments Bank | National Securities Depository Limited | 2018 |
Jio Payments Bank | Reliance Industries & SBI (JV) | 2018 |
Major Regional Rural Banks and Their Founding Year
RRB Name | Sponsor Bank | Year of Establishment |
Andhra Pradesh Grameena Vikas Bank | SBI | 2006 |
Baroda UP Bank | Bank of Baroda | 2020 |
Karnataka Gramin Bank | Canara Bank | 2019 |
Kerala Gramin Bank | Canara Bank | 2013 |
Bihar Gramin Bank | Punjab National Bank | 2012 |
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