Company lists
The India edition · 2026

Bankscompanies in India

Commercial banks, cooperative banks, small finance, rural banks, specialised banks and more: the companies building banks in India, with their founders, funding, team size and business models.

430 company profiles54 with reported revenue14 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent banks business events in India

Funding, M&A, contract wins and launches involving 586 banks companies in India, last 24 months: 161 M&A deals · 115 Contracts · 45 launches · 20 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractService

Indian overseas bank · client: National

National Aluminium Company Limited (NALCO) has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank (IOB) to roll out a Corporate Salary Package for its employees.

Banking
M&AAcquisition · Announced

Mirae asset mutual fund acquires Equitas small finance bank

It has informed that the Reserve Bank of India has granted approval to Mirae Asset Mutual Fund to acquire a stake of up to 9.5% in the bank's paid-up capital or voting rights.

Banking
M&AAcquisition · Announced

Na acquires Central bank of india

Khaitan & Co, acted as legal counsel to the Broker, Goldman Sachs (India) Securities Private Limited, in relation to the offer for sale of equity shares of Central Bank of India held by…

Banking/Financial Services
M&AAcquisition · Completed

Lic acquires Central bank of india

In an exchange filing, the Central Bank of India said LIC acquired 26.26 crore equity shares, representing 2.901% stake in the public sector lender, through market purchases on May 22.

Banking
M&AAcquisition · Completed

TVS Motor acquires Jana small finance bank

The acquisition was finalised on 22nd May 2026, marking a significant step for TVS Motor in expanding its investment portfolio. The company now holds a 4.90% stake in Jana Small Finance…

Financial Services
M&AAcquisition · Announced

TVS Motor Company Limited acquires Jana small finance bank

Jana Holdings Limited agreed to sell approximately 4.9% (four point nine percent) of the total paid-up equity share capital of Jana Small Finance Bank to TVS Motor Company Limited. The…

Banking
M&AAcquisition · Announced

TVS Venu Group acquires Jana small finance bank

TVS Venu Group acquired a 9.9 per cent stake in Jana Small Finance Bank for ₹193.3 crore as part of a broader investment to deepen its presence in India's financial services sector, the…

Small Finance Banking
M&AAcquisition · Announced

TVS VENU acquires Jana small finance bank

TVS VENU has agreed to acquire a minority stake in Jana Small Finance Bank through a combination of primary issuance of warrants and secondary share purchases. The transaction will…

Banking
M&AAcquisition · Announced

Tvs credit services acquires Jana small finance bank

The investment in Jana Small Finance Bank will allow for mutual collaboration in various areas for the long-term success of the Bank, subject to applicable laws, according to a statement.

Banking
M&AAcquisition · Announced

Tvs group acquires Jana small finance bank

the TVS Group is set to acquire a 9.99% stake in Jana Small Finance Bank through a preferential allotment, marking a significant strategic investment in the small finance banking space.

Banking
M&AAcquisition · Announced

Emirates NBD Bank acquires Rbl bank

The proposed investment, by way of primary infusion of approximately USD 3 billion (about 26,850 crore) represents one of the largest international investments in the Indian banking sector.

Banking
M&AAcquisition · Announced

Shivalik small finance bank acquires ManiBhavnam Home Finance

Shivalik Small Finance Bank, backed by Japan's largest lender Sumitomo Mitsui Banking Corporation (SMBC), is in the final stages of acquiring Delhi-based ManiBhavnam Home Finance in a…

Housing Finance
ContractInfrastructure

Nbcc (india) limited · client: Canara bank

NBCC has secured a contract for the construction of an office building and residential quarters for Canara Bank in Palarivattom, Kochi, valued at approximately ₹54.35 crore.

Banking and Residential Infrastructure
ContractService

Dynacons Systems & Solutions · client: Punjab & sind bank

In February, Dynacons had secured a ₹108.88 crore contract from Punjab & Sind Bank for implementing and managing an on-premises private cloud infrastructure over five years.

Technology
M&AMerger · Announced

Tjsb sahakari bank acquires The Bhavani Sahakari Bank Ltd.

the Reserve Bank of India has approved the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank.

Cooperative banking
M&AAcquisition · Announced

Federal bank acquires Standard Chartered Bank

Federal Bank said it agreed to acquire a select credit card portfolio of around 4.5 lakh cards from Standard Chartered Bank, India, comprising customers with standalone card relationships.

Banking
M&AAcquisition · Completed

Barclays acquires Tesco’s banking arm

Barclays’ £600m takeover of Tesco’s banking arm last year.

Retail banking
M&AAcquisition · Announced

Federal bank acquires Standard Chartered Bank India

Federal Bank has entered into an agreement with Standard Chartered Bank India to acquire the British lender’s select portfolio of credit card business for an undisclosed sum.

Banking
M&AAcquisition · Announced

National bank for agriculture and rural development (nabard) acquires 24×7 Moneyworks Consulting Pvt. Ltd

The National Bank for Agriculture and Rural Development (NABARD) has acquired equity stake in 24×7 Moneyworks Consulting Pvt. Ltd, a next-generation agri-fintech venture.

Agri-fintech
Funding

Axis finance

Axis Finance has secured ₹750 crore in primary capital from private equity firm Kedaara Capital for a 5.08% stake, the non-banking financial company's parent Axis Bank said in a…

Investors Kedaara capital
Financial Services
ContractService

State bank of india · client: Singareni Collieries Company Limited

The Singareni Collieries Company Limited (SCCL) on Thursday signed a new insurance agreement with State Bank of India (SBI) to enhance financial security for its employees and their…

Insurance
LaunchAU Royale Banking Programme

Au small finance bank

On the occasion of its 31st Foundation Day, AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank and the first in over a decade to receive in‑principle approval to…

Premium Banking Programme
ContractService

Novus loyalty · client: Central bank of india

Novus Loyalty has executed a Service Level Agreement (SLA) with Central Bank of India for providing Loyalty Rewards Program for various Digital Channels including Debit Card, UPI,…

Financial Services
M&AAcquisition · Completed

Blackrock acquires Barclays

The 73-year-old CEO told investors last year that it reminds him of the early days after we acquired the iShares business from Barclays in 2009.

Banking
LaunchBob SAMVAD

Bank of baroda

Bank of Baroda (Bank) unveiled its bob SAMVAD, which was formally launched by M. Nagaraju, Secretary, Department of Financial Services (DFS), Ministry of Finance in Mumbai on March 28, 2026.

ContractSupply

Aurionpro Transit · client: State bank of india

The consortium of State Bank of India Aurionpro Transit – Aurionpro was awarded the project in 2017 and is a contract for 10 years.

ContractService

Avio Smart Market Stack Limited (ASMS) · client: Indian overseas bank

Avio Smart Market Stack Limited (ASMS) has secured a significant purchase order from Indian Overseas Bank to implement Corporate Business Correspondent (CBC) services under the bank’s…

Financial Services
ContractService

State bank of india · client: Chargezone

Aligned with the Government of India’s PM E-Drive initiative, the rollout is supported by a financing partnership with State Bank of India.

Infrastructure
M&AAcquisition · Announced

Kotak mahindra bank acquires Deutsche bank

Kotak Mahindra Bank to acquire Deutsche Bank’s India retail business in ₹4,500 crore deal, expanding its retail lending and deposit footprint.

Banking

Banks companies in India, by revenue

Browse banks companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 54 banks companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of commercial banking and financial services

Banks
₹594,574.90 crFY 2023-24
Not reported
235,858-1% 12 mo to Mar 2023recorded Mar 2023
220 yr1806
0none in 3 months

Provider of commercial banking services

Banks
₹236,037.73 crFY 2023-24
Not reported
182,064+6% 12 mo to Jun 2024LinkedIn · Jul 2026
32 yr1994
0none in 3 months · last posted Jun 2026

Commercial bank

Banks
₹141,778.70 crFY 2023-24
Not reported
36,501-3% 12 mo to Mar 2024LinkedIn · Jul 2026
118 yr1908
1postings · last posted Jul 2026

Commercial bank

Banks
₹139,164.94 crFY 2023-24
Not reported
24,830-3% 12 mo to Mar 2024LinkedIn · Jul 2026
120 yr1906
0none in 3 months

Provider of commercial bank services

Banks
₹122,394.01 crFY 2023-24
Not reported
26,819+1% 12 mo to Mar 2023LinkedIn · Jul 2026
132 yr1894
0none in 3 months

Provider of a commercial banking services

Banks
₹94,273.91 crFY 2023-24
Not reported
87,012-29% 12 mo to Sep 2024LinkedIn · Jul 2026
41 yr1985
0none in 3 months

Commercial bank

Banks
₹67,306.47 crFY 2023-24
Not reported
51,825recorded
120 yr1906
1postings · last posted Jul 2026

Provider of personal, commercial, transactional, and electronic banking products & services

Banks
₹55,143.98 crFY 2023-24
Not reported
53,927+20% 12 mo to Mar 2024LinkedIn · Jul 2026
32 yr1994
11postings · last posted Jul 2026

Commercial bank

Banks
₹52,789.66 crFY 2022-23
Not reported
16,482-1% 12 mo to Mar 2024LinkedIn · Jul 2026
119 yr1907
1postings · last posted Sep 2026

Commercial bank

Banks
₹43,478.30 crFY 2024-25
+20%2024–2025
52,464-14% 12 mo to Aug 2024LinkedIn · Jul 2026
29 yr1997
698postings · last posted Sep 2026

Commercial bank

Banks
₹37,075.62 crFY 2024-25
+12%2024–2025
40,199+6% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
153postings · last posted Sep 2026

Commercial bank

Banks
₹35,561.98 crFY 2023-24
Not reported
30,770+2% 12 mo to Mar 2023recorded Mar 2023
115 yr1911
—No postings tracked

Commercial bank

Banks
₹29,730.97 crFY 2023-24
Not reported
7,738+18% 12 mo to Mar 2024LinkedIn · Jul 2026
89 yr1937
0none in 3 months

Private sector bank

Banks
₹26,781.95 crFY 2023-24
Not reported
14,658+99% vs previous recordrecorded
95 yr1931
—No postings tracked

Commercial bank

Banks
₹25,119.87 crFY 2023-24
Not reported
6,920-1% 12 mo to Mar 2024LinkedIn · Jul 2026
83 yr1943
2postings · last posted Aug 2026

Commercial bank

Banks
₹15,453.75 crFY 2023-24
Not reported
15,991+13% 12 mo to Mar 2024LinkedIn · Jul 2026
83 yr1943
0none in 3 months · last posted Jun 2026

Provider of credit union banking services

Banks
₹13,842.30 crFY 2024-25
+12%2024–2025
1,968LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Commercial Bank

Banks
₹12,050.87 crFY 2023-24
Not reported
12,786recorded
88 yr1938
—No postings tracked

South Indian bank

Banks
₹10,127.32 crFY 2023-24
Not reported
6,719+2% 12 mo to Mar 2024LinkedIn · Jul 2026
97 yr1929
0none in 3 months · last posted Jun 2026

Private banking

Banks
₹9,862.63 crFY 2023-24
Not reported
4,812+10% 12 mo to Mar 2023LinkedIn · Jul 2026
110 yr1916
8postings · last posted Aug 2026

Commercial bank

Banks
₹9,617.47 crFY 2023-24
Not reported
3,753+3% 12 mo to Mar 2024LinkedIn · Jul 2026
102 yr1924
1postings · last posted Sep 2026

Private sector bank

Banks
₹6,012.22 crFY 2023-24
Not reported
6,441+19% 12 mo to Mar 2024LinkedIn · Jul 2026
122 yr1904
2postings · last posted Sep 2026

Commercial bank

Banks
₹5,836.28 crFY 2023-24
Not reported
10,445+14% 12 mo to Mar 2024LinkedIn · Jul 2026
96 yr1930
17postings · last posted Sep 2026

Commercial bank

Banks
₹4,710.15 crFY 2022-23
Not reported
2,131-85% 12 mo to Jan 2020LinkedIn · Jul 2026
105 yr1921
2postings · last posted Jul 2026

Small finance bank

Banks
₹4,364.76 crFY 2024-25
+22%2024–2025
12,648+12% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
2postings · last posted Aug 2026
50 of 430 companies shown here · the full list is on Radar
Fliar Radar

Explore all 430 banks companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open banks in India on Radar
  • Every company, not just 50All 430 banks companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore banks companies in India by what you are looking for

Browse banks in India, from commercial and private banks to cooperative banks and small finance banks. Find the top banks in India, a list of banks in India and newer digital banking startups.

8 ways to explore banks in India

Commercial, public & private sector banksCooperative banksSmall finance & microfinance banksRegional rural banksSpecialised & development banksBanking startups in India

Cooperative banks

Member-owned cooperative and urban co-operative banks.

  1. Alathur Service Co-Operative Bank

    Cooperative Bank

    Banks
    Website
  2. Cosmos Bank

    Urban co-operative bank

    Banks
    See in list
  3. Abhyudaya Co-Operative Bank

    Co-operative bank

    Banks
    Website
  4. HPSCB

    Co-operative bank

    Banks
    Website
  5. Navsarjan Industrial Co Operative Bank

    Co-operative Bank

    Banks
    Website

Regional rural banks

Banks serving rural and agricultural communities.

  1. NABARD

    Development bank focusing on agricultural and rural development

    Banks
    Website
  2. Karnataka Vikas Grameena Bank

    Rural bank

    Banks
    Website
  3. Andhra Pragathi Grameena Bank

    Rural Bank

    Banks
    Website
  4. Kerala Gramin Bank

    Rural focused bank

    Banks
    Website
  5. Utkarsh Bank

    Small finance bank

    Banks
    See in list

Banking startups in India

Newer banks and digital banking companies founded in recent years.

  1. Kerala State Co operative Bank

    Trusted financial partner dedicated to banking services, financial inclusion, and community banking

    Banks
    Website
  2. Gain Standard Trust

    The company offers comprehensive banking and financial solutions

    Banks
    Website
  3. Firstintbcu Bank

    Home | Firstint Bcu Bank

    Banks
    Website
  4. Rajarshishahugramin

    Rajarshi Shahu Gramin Co. Op. Bank

    Banks
    Website
  5. Clap'N'Done Payment Solutions

    Fintech company providing services such as Aeps, Micro ATM, Insurance, and Micro Loans

    Banks
    Website
32 companies in India

Banks hiring in India

Banks in India with open roles right now.

  1. ICICI Bank

    Provider of commercial banking services

    Banks
    See in list
  2. Bank of Baroda

    Commercial bank

    Banks
    See in list
  3. IndusInd Bank

    Provider of personal, commercial, transactional, and electronic banking products & services

    Banks
    See in list
  4. Indian Bank

    Commercial bank

    Banks
    See in list
  5. IDFC First Bank

    Commercial bank

    Banks
    See in list
21 companies in India

Listed banks in India

Publicly listed banks in India.

  1. SBI

    Provider of commercial banking and financial services

    Banks
    See in list
  2. ICICI Bank

    Provider of commercial banking services

    Banks
    See in list
  3. Bank of Baroda

    Commercial bank

    Banks
    See in list
  4. Canara Bank

    Commercial bank

    Banks
    See in list
  5. Punjab National Bank

    Provider of commercial bank services

    Banks
    See in list
34 companies in India
Mobile reach

Top 10 banks apps from India

The most-installed Android apps published by banks companies headquartered in India — 666.2M installs between them. 158 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
2

Yono Lite SBI - Mobile Banking

by SBI

Installs95.1M
Rating3.32.7M ratings
Installs, year on year+12%
Last updatedMay 2026
View on Google Play ↗
Yono Lite SBI - Mobile Banking screenshot 1Yono Lite SBI - Mobile Banking screenshot 2Yono Lite SBI - Mobile Banking screenshot 3Yono Lite SBI - Mobile Banking screenshot 4Yono Lite SBI - Mobile Banking screenshot 5Yono Lite SBI - Mobile Banking screenshot 6
4

bob World:Banking & Experience

by Bank of Baroda

Installs85.1M
Rating4.081.3M ratings
Installs, year on year+19%
Last updatedMay 2026
View on Google Play ↗
bob World:Banking & Experience screenshot 1bob World:Banking & Experience screenshot 2bob World:Banking & Experience screenshot 3bob World:Banking & Experience screenshot 4bob World:Banking & Experience screenshot 5bob World:Banking & Experience screenshot 6
5

iMobile: Loan, Cards & Banking

by Bank.in

Installs69.4M
Rating4.626.6M ratings
Last updatedMay 2026
View on Google Play ↗
iMobile: Loan, Cards & Banking screenshot 1iMobile: Loan, Cards & Banking screenshot 2iMobile: Loan, Cards & Banking screenshot 3iMobile: Loan, Cards & Banking screenshot 4iMobile: Loan, Cards & Banking screenshot 5iMobile: Loan, Cards & Banking screenshot 6
7

Canara ai1- Mobile Banking App

by Canara Bank

Installs55.6M
Rating4.071.7M ratings
Installs, year on year+37%
Last updatedMay 2026
View on Google Play ↗
Canara ai1- Mobile Banking App screenshot 1Canara ai1- Mobile Banking App screenshot 2Canara ai1- Mobile Banking App screenshot 3Canara ai1- Mobile Banking App screenshot 4Canara ai1- Mobile Banking App screenshot 5Canara ai1- Mobile Banking App screenshot 6
8

Kotak Bank: 811 Mobile App

by Kotak 811

Installs49.2M
Rating4.711.4M ratings
Last updatedMay 2026
View on Google Play ↗
Kotak Bank: 811 Mobile App screenshot 1Kotak Bank: 811 Mobile App screenshot 2Kotak Bank: 811 Mobile App screenshot 3Kotak Bank: 811 Mobile App screenshot 4Kotak Bank: 811 Mobile App screenshot 5Kotak Bank: 811 Mobile App screenshot 6
9

IDFC FIRST Bank: MobileBanking

by IDFC First Bank

Installs40.7M
Rating4.862.7M ratings
Installs, year on year+45%
Last updatedMay 2026
View on Google Play ↗
IDFC FIRST Bank: MobileBanking screenshot 1IDFC FIRST Bank: MobileBanking screenshot 2IDFC FIRST Bank: MobileBanking screenshot 3IDFC FIRST Bank: MobileBanking screenshot 4IDFC FIRST Bank: MobileBanking screenshot 5IDFC FIRST Bank: MobileBanking screenshot 6
The business behind the activity

Banks financials in India

Revenue, profit and growth from the filed annual accounts of 25 banks companies in India for FY24-25 — 41 of the 430 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 84% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹38,881.82 cr

25 companies filing accounts

combined net profit₹1,958.50 cr

5.0% aggregate margin

are profitable68%

17 of 25 companies

median revenue~₹9.8 cr

the typical company

median revenue growth+16%

into FY24-25

earned by the top five84%

revenue concentration

Six-year view

Combined revenue of filing companies

₹20,634.60 crFY19-2022 filers
₹23,063.56 crFY20-2126 filers
₹26,926.40 crFY21-2225 filers
₹35,148.20 crFY22-2326 filers
₹41,064.66 crFY23-2426 filers
₹38,881.82 crFY24-2525 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 18 companies over three years

+43%
FY22-23₹27,156.73 cr₹3,479.75 cr net
FY23-24₹33,921.28 cr₹3,119.25 cr net
FY24-25₹38,878.23 cr₹1,958.64 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr850% profitable
₹1–10 cr580% profitable
₹10–100 cr1100% profitable
₹100–1,000 cr367% profitable
Over ₹1,000 cr875% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking2
0–20%8
20–50%7
50–100%0
Doubled+2

19 companies with accounts for both years; median growth +16%.

Profitability

Profit is concentrated at the top

17profitable
8loss-making
5.0%aggregate margin
5.0%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
North East Small Finance BankSLICE SMALL FINANCE BANK LIMITED
Chaitanya Godavari Grameena BankMAGNOT CONSULTANCY SERVICES PRIVATE LIMITED
AFLAXIS FINANCE LIMITED+30%
Fino Payments BankFINO PAYMENTS BANK LIMITED
SBI-SGSBI-SG GLOBAL SECURITIES SERVICES PRIVATE LIMITED
Utkarsh BankUTKARSH SMALL FINANCE BANK LIMITED+22%₹4,364.76 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
SBI-SGSBI-SG GLOBAL SECURITIES SERVICES PRIVATE LIMITED
Tamilnad Mercantile BankTamilnad Mercantile Bank Limited19.3%₹6,141.75 cr
AFLAXIS FINANCE LIMITED15.9%
Citicorp FinanceCITICORP SERVICES INDIA PRIVATE LIMITED9.5%₹13,842.30 cr
Fino Payments BankFINO PAYMENTS BANK LIMITED
Chaitanya Godavari Grameena BankMAGNOT CONSULTANCY SERVICES PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Banks25₹38,881.82 cr~₹9.8 cr68%5.0%
Leaders

Largest banks companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Citicorp FinanceCITICORP SERVICES INDIA PRIVATE LIMITED₹13,842.30 cr₹1,308.50 cr9.5%+12%
Tamilnad Mercantile BankTamilnad Mercantile Bank Limited₹6,141.75 cr₹1,182.61 cr19.3%+12%
Utkarsh BankUTKARSH SMALL FINANCE BANK LIMITED₹4,364.76 cr₹23.70 cr0.5%+22%
ESAFESAF SMALL FINANCE BANK LIMITED
AFLAXIS FINANCE LIMITED₹652.47 cr15.9%+30%
Fino Payments BankFINO PAYMENTS BANK LIMITED
Dhanlaxmi BankDHANLAXMI BANK LIMITED
IDFC BHARATIDFC FIRST BHARAT LIMITED
Shri Prabhulingeshwar Souhardha Credit Co-OperativeSHRI PRABHULINGESHWAR SUGARS AND CHEMICALS LIMITED
North East Small Finance BankSLICE SMALL FINANCE BANK LIMITED
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full banks landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the banks landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Banks funding and M&A across India

86 recorded equity rounds have gone to 586 banks companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$3.77m

equity rounds, last 24 months2

US$15.41m

raised over five yearsUS$520.04m

16 rounds in India

M&A deals, India161

last 24 months

Capital by year

Equity funding into banks in India

amount rounds
$150m20183
$179m20195
$51m20203
$297m20214
$106m20226
$68m20231
$33m20243
$12m20251
$3.8m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$297.19m across 4 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

Series AUS$76.11m4 rounds · median US$17.46m
Series BUS$271.57m7 rounds · median US$11.52m
Series CUS$50.00m1 rounds · median US$50.00m
Series D+US$122.36m4 rounds · median US$20.22m
Where the money went · five years

Most-funded sub-sectors

BanksUS$520.04m16 rounds · 6 companies
Corporate activity · last 24 months

M&A in India

137Acquisition
19Merger
2Completed

Most active acquirers

  1. Barclays10
  2. Federal bank9
  3. Saraswat co-operative bank9
  4. Icici bank8
  5. Sumitomo mitsui banking corporation8

Most acquired or merged

  1. Yes bank18
  2. Rbl bank11
  3. Jana small finance bank6
  4. State bank of india6
  5. Bank of baroda5

Each deal appears in the events strip at the top of the page.

Banks funding in India

14 banks companies in India have recorded equity funding, US$2.53bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind banks companies in India. 174 of 430 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring banks in India and nearby markets.

Coming soon