List of Banks, Headquarters, Taglines, Chairmen/CEO’s in India

List of Banks, Headquarters, Taglines, Chairmen/CEO’s of India: You can never find a Bank, Insurance, SSC, Railways, TNPSC or any Central or State government competitive exams that doesn’t have questions based on various Indian scheduled commercial banks, their headquarters, taglines or their chairmen/CEO’s.

As a Bank, Insurance or any State or Central government exam aspirant, you should be inquisitive and stay updated on the latest developments in the Indian Banking sector to answer questions such as these that are asked in the exams.

When you learn the names of the scheduled commercial banks in India, their taglines, headquarters, and chairmen/CEOs, it can come handy during various Bank or Insurance Mains exams. Every Mains Exam in Banking or Insurance exam has a separate section called General Awareness/General Knowledge/Financial Awareness/Insurance Awareness in it. For most Bank / Insurance Mains Exam, the General Awareness section carries 40 to 50 marks. In the RBI Grade B Exam Prelims Exam, General / Financial Awareness carries around 80 marks. So candidates can be rest assured that fetching maximum marks in this General Awareness or Financial Awareness section can boost your marks in a great way in Mains Exams and can increase your chances of finding your name in the final merit list.

Bank, Insurance and Government exam aspirants should understand ultimate necessity of learning these Bank headquarters, taglines and Chairmen regarding scheduled commercial banks of India and other banks to ace these questions in the upcoming Bank, Insurance, SSC, Railways, TNPSC or any other government competitive exams in 2025.

In this regard, Veranda RACE Research & Development team has put together an exhaustive list of all the Indian scheduled commercial banks, their headquarters (HQs) along with their taglines and chairmen/CEOs here in this article.

Competitive exam aspirants can also find other static GK related information for Bank, SSC, TNPSC, Railways, Insurance and other government exams in the Veranda RACE blog (https://verandarace.com/blog).

We are releasing monthly current affairs magazines with Static General Knowledge information in it with previous year questions and answers and detailed analysis of latest current events – Legend Current Affairs Magazine (for Bank Exams), Agni Current Affairs Magazine (for SSC Exams in Tamil), Marvel Current Affairs Magazine (for SSC in English) and Brahma Current Affairs Magazine (for TNPSC in English and Tamil). Aspirants can check the Verana RACE official website to get to know where they can get these Current Affairs Monthly Magazines or Static GK Materials for Bank, SSC, TNPSC, Railways and Insurance Exams.

List of Scheduled Commercial Banks in India 2023:

The Reserve Bank of India (RBI) established on 1 April 1935 in accordance with the Reserve Bank of India Act 1934, remains India's central bank. It is the Indian regulatory body responsible for regulating the banking system in India. The Reserve Bank of India is fully owned by the Government of India. The RBI has its headquarters in Mumbai, India.

In India, banks are divided into two major categories namely scheduled banks and non-scheduled banks. Scheduled banks are the banks in India that are included in the Second Schedule of the Reserve Bank of India (RBI) Act 1934, while the non-scheduled banks in India that are not listed in the Second Schedule of the Reserve Bank of India Act, 1934.

Based on their ownerships of these banks, Indian scheduled commercial banks are further divided into these categories: Public sector banks, Private sector banks, Small finance banks, Payments banks, Regional rural banks and Foreign banks in India.

At present (as on 1 April 2025), according to the official releases of the Reserve Bank of India (RBI), the following are the number of banks in India:

• 12 Scheduled Public Sector Banks (post amalgamation)
• 21 Scheduled Private Sector Banks
• 12 Scheduled Small Finance Banks
• 6 Scheduled Payments Banks
• 43 Scheduled Regional Rural Banks
• 45 Scheduled Foreign Banks in India

Scheduled Public Sector Banks: Headquarters, Taglines, Chairmen/CEOs

According to the Reserve Bank of India, there are currently 12 Scheduled Public Sector Banks in India (as on 1 April 2025).

Scheduled Private Sector Banks: Headquarters, Taglines, Chairmen/CEOs

Scheduled Small Finance Banks: Headquarters, Taglines, Chairmen/CEOs

Scheduled Payments Banks: Headquarters, Taglines, Chairmen/CEOs

Payments Banks were formed by the RBI on the recommendations of the Nachiket Mor Committee. These Payment Banks were set up to operate on a smaller scale than traditional banks with a minimal amount of risk in India.

Payment Banks in India are registered under the Companies Act, 2013 although they are governed by several other banking acts such as the Banking Regulation Act 1949, RBI Act 1934, etc.

India currently has 6 Payments Banks in India under the Reserve Bank of India — Airtel Payments Bank, India Post Payments Bank, Fino Payments Bank, Paytm Payments Bank, NSDL Payments Bank and Jio Payments Bank.

These are differentiated banks that needs to have a minimum paid-up capital of ₹ 100,00,00,000. They can take deposits up to ₹ 2,00,000 and can accept demand deposits in the form of savings and current accounts. They cannot issue credit cards and cannot accept time deposits or NRI deposits.

Scheduled Regional Rural Banks: Headquarters, Taglines, Chairmen/CEOs

Scheduled Foreign Banks in India: Headquarters, Taglines, Chairmen/CEOs

List of Joint Ventures of Indian Banks Abroad

List of Subsidiaries of Indian Banks Abroad

Recent Updates in 2025:

14 Jul 2025: IndusInd Bank appoints Rajiv Anand as MD and CEO for three years

• Karantaka Bank appoints Raghavendra Srinivas Bhat as its Interim MD & CEO
• Karnataka Bank has appointed its Chief Operating Officer Raghavendra Srinivas Bhat as its Managing Director and Chief Executive Officer for three months starting from 16 July 2025.
  Its former MD & CEO Srikrishnan Hari Hara Sarma and Executive Director Sekhar Rao stepped down from their roles after a conflict with the Karnataka Bank board.
  Raghavendra Bhat joined Karantaka Bank as a Clerk in 1981 and rose through the ranks to become the Chief Operating Officer of Karnataka Bank in 2019. He was re-appointed as the COO on 1 July 2025.

6 Aug 2025: IndusInd Bank appoints Rajiv Anand as MD and CEO for three years

• IndusInd Bank announced the appointment of Rajiv Anand as its new Managing Director (MD) and Chief Executive Officer (CEO) on 6 August 2025.
  He was the former Deputy Managing Director of Axis Bank.
  The IndusInd Bank board in its meeting on 4 August 2025 approved the appointment of Rajiv Anand as Additional Director in the category of MD and CEO and key managerial personnel of the IndusInd Bank for three years until 2028.
  This appointment is effective from 25 August 2025 up to 24 August 2028 subject to approval of the shareholders of the IndusInd Bank.

In today’s highly competitive exam landscape for Bank and Insurance Exams in 2025, having a strong command over Banking Awareness, Financial Awareness, Insurance Awareness and General Awareness / Knowledge is non-negotiable for success in upcoming Bank or Insurance or Regulatory exams.

Whether you are preparing for prestigious exams like the SBI PO Mains Exam 2025, IBPS PO Mains Exam 2025, IBPS RRB PO Mains Exam 2025, SBI Clerk Mains Exam 2025, IBPS Clerk Mains Exam 2025, RBI Grade B Exam 2025, IBPS SO Mains Exam 2025 or SBI SO Mains Exam 2025, mastering key static facts and staying updated with Banking Current Affairs and Latest Current Affairs will give you a competitive edge in the upcoming Banking or Insurance Mains Exam in 2025.

At Veranda RACE, we are committed to nurturing your Banking or Insurance exam preparation journey by providing meticulously curated current affairs content that strengthens your core concepts and improves your exam readiness in Current Affairs or Static GK section.

Topics such as the list of scheduled banks in India, their headquarters, taglines, CEOs and Chairmen are frequently tested in major Bank Exams, Insurance Exams, SSC Exams, TNPSC Exams and other PSC Exams in the Current Affairs sections, making them a vital part of your study strategy.

Regular revision of such Static GK or Current Affairs topics, alongside a daily habit of reading Banking / Insurance Current Affairs, ensures that you are always a step ahead of peers. Stay consistent, curious and let Veranda RACE be your current affairs companion in achieving your dream of success in bank, state and central government exams.