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In this article readers are able to understand what is scheduled commercial bank and what is private sector bank. We also given the list of private sector banks in India and their official websites.

What is Scheduled Commercial Bank?

Scheduled Banks in India are those banks which have been included in the Second Schedule of Reserve Bank of India (RBI) Act, 1934. Further, RBI in turn includes only those banks in this schedule which satisfy the criteria laid down vide section 42 (6) (a) of the Act.

The banks included in this schedule list should fulfil two conditions.

  1. The paid capital and collected funds of bank should not be less than Rs. 5 lakh.
  2. Secondly, Any activity of the bank will not adversely affect the interests of depositors.

What is Scheduled Private Sector Bank?

Scheduled Private Sector Banks are those banks where the majority of the stake is held by shareholders of the bank and not by the Government of India. Most of the private sector bank’s shares are listed on Stock exchanges.

List of Private Sector Banks
List of Private Sector Banks

List of Scheduled Private Sector Banks

The following are the list of Private sector banks in India.

S.NoName of the BankWebsites
1 Axis Bank Ltdww.axisbank.com
2Bandhan Bank Ltd. bandhanbank.com
3CSB Bank Ltdwww.csb.co.in
4City Union Bank Ltdwww.cityunionbank.com
5DCB Bank Ltd.www.dcbbank.com
6Dhanlaxmi Bank Ltd. www.dhanbank.com
7Federal Bank Ltd. www.federalbank.co.in
8HDFC Bank Ltd www.hdfcbank.com
9ICICI Bank Ltd.www.icicibank.com
10Induslnd Bank Ltdwww.indusind.com
11IDFC First Bank Ltd. www.idfcfirstbank.com
12Jammu & Kashmir Bank Ltd. www.jkbank.com
13Karnataka Bank Ltd. karnatakabank.com
14Karur Vysya Bank Ltd. www.kvb.co.in
15Kotak Mahindra Bank Ltdwww.kotak.com
16Lakshmi Vilas Bank Ltd. www.lvbank.com
17Nainital Bank Ltd.www.nainitalbank.co.in
18RBL Bank Ltd.www.rblbank.com
19South Indian Bank Ltd. www.southindianbank.com
20Tamilnad Mercantile Bank Ltdwww.tmb.in
21YES Bank Ltd.www.yesbank.in
22IDBI Bank Ltdwww.idbibank.in

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