This is a list of banks which are considered to be scheduled banks under the second schedule of RBI Act, 1934. As of 1 August 2025, India's commercial banking sector consists of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 28 regional rural banks (RRBs), 44 foreign banks (FBs), 12 small finance banks (SFBs), 6 payments banks (PBs), 2 local area banks (LABs), and 5 financial institutions.
This is a list of banks which are considered to be scheduled banks under the second schedule of RBI Act, 1934. As of 1 August 2025, India's commercial banking sector consists of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 28 regional rural banks (RRBs), 44 foreign banks (FBs), 12 small finance banks (SFBs), 6 payments banks (PBs), 2 local area banks (LABs), and 5 financial institutions.
Source: Wikipedia "List of banks in India" · CC BY-SA 4.0
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