Best Banks Companies in India
The 281 best Banks companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: IDFC First Bank.
India's Banks sector runs deeper than most funding trackers suggest. This directory ranks Banks companies in India by disclosed equity funding and recent momentum, and the numbers behind it are worth sitting with: 281 companies tracked, $4.5B in total disclosed funding, and a combined revenue pool of $132.8B across 95 validated filers. That's earned revenue, not projections.
The median company here books $96M in annual revenue, growing at 23% YoY. But the outsized earners are where the scale becomes visceral. Icici Bank filed $34.3B in revenue, up 25%, while Kotak Mahindra Bank posted $11.3B at a striking 38% growth rate. Bandhan Financial Holdings pulled $271M in net income, 274 times the sector median. So when you're evaluating which names deserve attention, those are the bars. IDFC First Bank leads our directory with $1.6B in disclosed funding, and fraud-linked regulatory pressure on dormant Jan Dhan accounts signals that compliance costs are rising sector-wide. Meanwhile, Standard Chartered reconsidering its India cards unit tells you the retail banking calculus is actively being redrawn. I'd keep both stories close.
Ranked: Best Banks companies in India
| # | Company | Revenue | Disclosed funding | Employees | Tech stack | Web popularity | App-install YoY | Market signals (1y) | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SBI Provider of commercial banking and financial services | $71.8B FY2024 | — | 235,858 | LiferayCart FunctionalityJava+13 | Top 10k | +9% | 17 signals Earnings · Leadership · Lawsuit | — |
| 2 | HDFC Bank Digital bank offering wide range of personal and net banking services, including accounts, deposits, cards… | $49.3B FY2024 | — | — | — | — | +43% | — | — |
| 3 | Canara Bank Commercial bank | $18.1B FY2025 | — | 82,638 | WordPressMySQLPHP+14 | Top 50k | +28% | 49 signals Earnings · Lawsuit · Contracts | 1 partnership |
| 4 | Bank of Baroda Commercial bank | $17.1B FY2024 | — | 75,515 | SitecoreTypeScriptApexCharts.js+22 | Top 10k | — | 75 signals ▼19% Earnings · Leadership · Lawsuit | 1 job opening · 1 launch · 1 partnership |
| 5 | Union Bank of India Provider of retail banking services including loans and investment accounts | $15.4B FY2025 | — | — | BootstrapBoomerangOWL Carousel+4 | Top 5k | — | 50 signals ▼17% Earnings · Lawsuit · Leadership | — |
| 6 | Kotak Mahindra Bank Provider of digital banking services | $11.4B FY2024 | — | — | — | — | +43% | — | — |
| 7 | Indian Bank Commercial bank | $8.5B FY2025 | — | 40,251 | WordPressMySQLPHP+10 | Top 50k | +101% | 48 signals ▼23% Earnings · New product · Leadership | 1 launch |
| 8 | IndusInd Bank Provider of personal and business banking products and services | $6.7B FY2024 | — | 45,637 45,637 → 53,927 (+18%) · sector median +1% | Adobe Experience ManagerJavaSalesforce+25 | Top 50k | — | 151 signals Leadership · Earnings · Regulatory | — |
| 9 | IDFC First Bank Commercial bank 95Customers top 7%Innovation top 10%Funding top 16%Market top 17% All 13 signals ▾Customerstop 7% Innovationtop 10% Fundingtop 16% Markettop 17% Techtop 17% Producttop 20% Moattop 25% Fin. healthtop 31% Partnerstop 33% Newstop 38% Talenttop 41% Growthtop 48% Globalbottom 38% Customers: Play-Store rating 4.86★ across 2,669,257 ratings (6 apps) · Review volume +21% in 6 mo Innovation: 9 new-product events in 24 mo rank vs industry peers · Fliar Intelligence Index 95/100 | $5.1B FY2025 | $1.6B | 931 | DartSalesforceFlutter+21 | Top 50k | +45% | 62 signals ▼29% Earnings · M&A · Leadership | — |
| 10 | Central Bank of India Commercial bank | $4.3B FY2024 | — | 30,770 | SentryMUIstyled-components+10 | Top 1M | +500% | 36 signals ▼49% Earnings · Contracts · Leadership | — |
| 11 | IDBI Bank 🦄 Bank focused on providing home, auto, education & property loans | $3.7B FY2024 | — | 18,205 18,205 → 18,461 (+1%) · sector median +1% | GraphQLTypeScriptChart.js+11 | Top 50k | — | 39 signals ▼33% Earnings · Regulatory · M&A | 1 partnership |
| 12 | UCO Bank Commercial bank | $3.0B FY2024 | — | 21,456 | — | — | +24% | 38 signals ▼30% Earnings · Lawsuit · Regulatory | 1 award |
| 13 | RBL Bank Commercial bank | $1.9B FY2024 | $121M | 12,202 12,202 → 15,991 (+31%) · sector median +1% | DrupalNode.jsPHP+29 | Top 50k | — | 88 signals ▲22% Earnings · M&A · Regulatory | 1 internship · 1 expansion |
| 14 | Axis Bank Provider of a commercial banking services | $1.8B FY2026 | — | — 104,579 → 106,434 (+2%) · sector median +1% | Cart FunctionalityProgress SitefinityFacebook Login+28 | Top 10k | — | 109 signals ▼16% Earnings · Leadership · New product | — |
| 15 | South Indian Bank South Indian bank | $1.2B FY2024 | — | 9,836 9,836 → 6,719 (-32%) · sector median +1% | Microsoft ASP.NETBootstrapcore-js+11 | Top 100k | — | 36 signals Earnings · Leadership · New product | 1 job opening |
| 16 | Karnataka Bank Commercial bank | $1.2B FY2024 | — | 8,900 | Facebook LoginCloudflareTwitter Ads+10 | Top 100k | +56% | 29 signals ▼15% Earnings · Leadership · M&A | — |
| 17 | DCB Bank Commercial bank | $705M FY2024 | — | 11,268 11,268 → 10,445 (-7%) · sector median +1% | Node.jsReactNext.js App Router+8 | Top 500k | +29% | 16 signals ▼27% Earnings · Regulatory · Board | 1 award |
| 18 | Utkarsh Bank Small finance bank | $516M FY2025 | $33M | 18,153 18,153 → 12,648 (-30%) · sector median +1% | SalesforcePHPChart.js+16 | Top 500k | +36% | 8 signals ▼68% Earnings · Funding · Announcements | — |
| 19 | Jana Small Finance Bank Microfinance banks | $512M FY2025 | $112M | 11,847 | WordPressMySQLPHP+15 | Top 500k | +30% | 7 signals ▼42% Earnings · M&A · Leadership | — |
| 20 | ESAF Microfinance banks | $512M FY2025 | $112M | 11,847 | WordPressMySQLPHP+15 | Top 500k | +30% | 7 signals ▼42% Earnings · M&A · Leadership | — |
| 21 | Lakshmi Vilas Bank Bank | $361M FY2020 | — | 4,000 | — | — | — | — | — |
| 22 | Bank of Maharashtra Commercial bank | $336M FY2025 | — | 12,977 | BootstrapCloudflarecore-js+14 | Top 50k | +17% | 42 signals ▲35% Earnings · Lawsuit · IPO | — |
| 23 | Fincare Small Finance Bank Micro-finance bank | $246M FY2023 | $163M | 12,768 | JavaChart.jsBootstrap+7 | Top 5M | — | — | — |
| 24 | Fino Payments Bank Commercial bank | $218M FY2025 | $35M | 2,895 | TypeScriptBootstrapZone.js+14 | Top 500k | +58% | 32 signals ▲45% Leadership · Earnings · Regulatory | — |
| 25 | Slice Chains providing digital banking, savings accounts, and UPI credit cards 83Growth top 11%Funding top 21%Market top 34%Fin. health top 35% All 8 signals ▾Growthtop 11% Fundingtop 21% Markettop 34% Fin. healthtop 35% Producttop 40% Moatbottom 49% Talentbottom 49% Globalbottom 48% Growth: Revenue +196% YoY · Fresh capital in last 24 mo Funding: Raised $406M across 11 rounds · 11 rounds over 6 yrs (1.8/yr) rank vs industry peers · Fliar Intelligence Index 83/100 | $108M FY2023 | $406M | — | — | — | +43% | — | 2 launchs · 1 expansion |
| 26 | North East Small Finance Bank Small finance bank | $71M FY2025 | $43M | 2,119 | Animate.cssBootstrapYouTube+12 | Top 5M | — | — | — |
| 27 | Shivalik Small Finance Bank Micro finance bank | $37M FY2024 | $28M | 869 869 → 1,190 (+37%) · sector median +1% | TypeScriptApexCharts.jsUbuntu+11 | Top 5M | — | — | 3 job openings |
| 28 | Allahabad Bank Public sector commercial bank with national presence | $2M FY2017 | — | 23,210 | — | — | — | — | — |
| 29 | Andhra Bank Public sector commercial bank with International presence | $251K FY2025 | — | 21,436 | — | — | — | — | — |
| 30 | Ujjivan Small Finance Bank Small finance bank | $0 FY2025 | $154M | 24,147 | DrupalPHPBootstrap+19 | Top 100k | — | 25 signals ▼29% Earnings · Regulatory · Capital raise | — |
| 31 | AU Small Finance Bank Small finance bank | $0 FY2025 | $130M | 31,943 31,943 → 33,343 (+4%) · sector median +1% | ZohoSalesforceGoogle Maps+24 | Top 500k | +26% | 36 signals ▼27% Earnings · Regulatory · Leadership | 1 expansion · 2 awards |
| 32 | Bandhan Bank Commercial bank | $0 FY2025 | $259M | 82,070 | DrupalPHPBootstrap+14 | Top 50k | — | 51 signals ▼46% Earnings · Acquisition · M&A | — |
| 33 | Equitas Small Finance Bank Small finance bank | $0 FY2025 | $34M | 23,596 23,596 → 14,064 (-40%) · sector median +1% | WordPressZohoMySQL+28 | Top 500k | +36% | 17 signals ▼19% Earnings · Leadership · Regulatory | 1 launch |
| 34 | City Union Bank Private sector bank | $0 FY2025 | $4M | 7,188 7,188 → 6,441 (-10%) · sector median +1% | PHPLaravelBootstrap+8 | Top 100k | +26% | 15 signals ▼32% Earnings · Regulatory · Leadership | 1 award |
| 35 | ICICI Bank Commercial bank | $0 FY2025 | — | 133,131 133,131 → 182,064 (+37%) · sector median +1% | Cart FunctionalityBootstrapGoogle Cloud+20 | Top 5k | +11% | 110 signals Earnings · Announcements · Contracts | 1 internship |
| 36 | Karur Vysya Bank Private banking | $0 FY2025 | — | 7,402 7,402 → 4,812 (-35%) · sector median +1% | JekyllRubyAnimate.css+19 | Top 100k | +7% | 18 signals ▼62% Earnings · Regulatory · Announcements | — |
| 37 | Jana Small Finance Bank Microfinance bank 62Funding top 26%Tech top 27%Product top 27%Talent top 28% All 11 signals ▾Fundingtop 26% Techtop 27% Producttop 27% Talenttop 28% Customerstop 35% Newstop 45% Growthtop 46% Markettop 50% Fin. healthbottom 46% Globalbottom 39% Moatbottom 32% Funding: Raised $796M across 17 rounds · 17 rounds over 19 yrs (0.9/yr) Tech: 56 technologies across 5/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 62/100 | — | $796M | 28,293 | JoomlaDreamWeaverPHP+28 | Top 500k | +44% | 10 signals ▼71% Earnings · Regulatory · Capital raise | — |
| 38 | Capital Small Finance Bank Microfinance bank | — | $52M | 1,985 | PHPLaravelBootstrap+13 | Top 1M | — | 10 signals ▼23% Earnings · M&A | — |
| 39 | Suryoday Small finance bank offering savings accounts, deposits, and loan products | — | $111M | 8,354 | Tailwind CSSReactGatsby+11 | Top 500k | +84% | 12 signals Earnings · IPO · Regulatory | — |
| 40 | Bandhan Largest microfinance institution in India | — | $212M | 4 | — | — | — | — | — |
| 41 | Centurion Bank Diversified financial institution | — | $85M | 213,527 | — | — | — | — | — |
| 42 | Yes Bank Commercial bank | — | $5M | 29,387 29,387 → 40,199 (+37%) · sector median +1% | Apple iCloud MailJavaBootstrap+27 | Top 100k | — | 134 signals ▲17% Earnings · M&A · Leadership | — |
| 43 | Catholic Syrian Bank Commercial bank | — | $16M | 7,863 | Facebook LoginBootstrapEmotion+17 | Top 500k | — | 16 signals ▼33% Earnings · Contracts · Regulatory | — |
Top 12 Banks companies in India
#1
Public · Mumbai, Maharashtra · founded 1997 · 931 employees$1.6Braised▾
Commercial bank. The bank offers a wide range of personal and business banking products, including savings and current accounts, loans, investments, credit cards, and wealth management. It positions itself as a customer-centric, ethical, and technology-driven institution, aiming to build a world-class bank.
- Apr 2025Post IPO$878.4M
- Oct 2023Post IPO—
- Apr 2021Post IPO$408.8M
- Jun 2020Post IPO$263.7M
#2
Series B · Noida, Uttar Pradesh · founded 1997 · 869 employees$28Mraised▾
Micro finance bank. It offers a range of financial services and it is transitioning from an urban cooperative bank. It also offers a range of products and loans, including savings accounts, current accounts, fixed deposits and recurring deposits, business loans, retail trade loans, gold loans, auto loans, and other secured and unsecured loans. It provides digital banking, a branch and ATM network, payments, forex, PAN card services, lockers, and banking correspondent services.
- Feb 2026Series B$3.8M
- Aug 2025Series B$11.6M
- May 2024Series B$11.5M
- Feb 2024Series A$8.2M
#3
Series C · Bengaluru, Karnataka · founded 2016$405.8Mraised▾
Chains providing digital banking, savings accounts, and UPI credit cards. The banking entity offers a savings account with daily interest that adjusts with the central bank's repo rate, featuring no minimum balance and transparent terms. It also provides a UPI credit card for flexible payments and rewards. Additional features include automatic transaction categorization, spending insights, and secure financial management tools. The entity further offers fixed deposits and various credit products through its network of branches and digital channels.
- Jul 2024Conventional Debt$7.8M
- Jun 2024Conventional Debt$20M
- Nov 2023Venture Debt$9M
- May 2022Series C$50M
#4
Series G · Bengaluru, Karnataka · founded 2006 · 28293 employees$795.8Mraised▾
Microfinance bank. Jana Bank is one of the first ten NBFCs granted RBI licenses to convert to a small finance bank. The bank has developed a profound understanding of the unique financial needs. The bank has been at the forefront of digital innovations, launching multiple products & services to provide best-in-class banking experience to its customers.
- Jan 2024Series G$13.6M
- Jun 2023Series G$68.3M
- Jul 2022Series F$17.8M
- Nov 2019Series F$47.8M
#5
Series G · Bengaluru, Karnataka · founded 2006$111.8Mraised▾
Provider of banking services including savings accounts loans and deposits. The institution offers various financial products such as current accounts, fixed deposits, and recurring deposits. It facilitates fund transfers through electronic payment systems and provides credit facilities including vehicle, gold, and home loans. Additionally, the entity offers insurance products and investment options for individuals and business entities. Customers access these services through digital banking platforms or physical branches.
- Jan 2024Series G$13.6M
- Jul 2022Series F$17.8M
- Nov 2006Series A$495.5K
#6
Public · Bengaluru, Karnataka · founded 2005 · 24147 employees$154Mraised▾
Small finance bank. It is a wholly owned subsidiary which is a leading microfinance organization and was one of the ten recipients of first set of small finance bank licenses. It primarily serves financially unserved and underserved segments, emphasizing financial inclusion across the country.
- Sep 2022Post IPO$59.6M
- Dec 2019Post IPO—
- Nov 2017Post IPO$33M
- Nov 2016Post IPO$33.2M
#7
Public · Jaipur, Rajasthan · founded 1996 · 31943 employees$130.2Mraised▾
Small finance bank. Provider of loans to entrepreneurs for the acquisition of commercial vehicles. It offers collateralised loans for commercial vehicles to clients who are typically first-time entrepreneurs, located in under-banked rural and semi-urban areas. It provides loans for new vehicles and second-hand vehicles including refinancing. It offers loans for heavy and light commercial vehicles, multi-utility vehicles, tractors and three wheelers. Also provides SME loans and affordable housing loans.
- Aug 2022Post IPO—
- Mar 2021Post IPO$86M
- May 2018Post IPO$146.7M
- Dec 2014PE—
#8
Funding Raised · Jalandhar, Punjab · founded 2000 · 1985 employees$52.1Mraised▾
Microfinance bank. The bank offers a range of financial products including savings accounts, agriculture loans, mortgage loans, and digital banking services.
#9
Series D · Bengaluru, Karnataka · founded 2007 · 12768 employees$162.9Mraised▾
Micro-finance bank
- Apr 2021Series D$22.7M
- Dec 2019Series C$13.2M
- Aug 2018Series C$31.2M
- Mar 2017Series C$74.9M
#10
Series B · Guwahati, Assam · founded 2011 · 2119 employees$43.2Mraised▾
Small finance bank
- Sep 2022Series B$4.2M
- Mar 2022Series B$4.5M
- Oct 2017Series B$7.5M
- Mar 2017Series B$18.6M
#11
Series B · Mumbai, Maharashtra · founded 2008 · 8354 employees$110.9Mraised▾
Small finance bank offering savings accounts, deposits, and loan products. It provides banking solutions including savings and current accounts, term and recurring deposits, and various loan options like home, vehicle, and microfinance loans. The bank facilitates banking through mobile and internet platforms, UPI, business correspondents, and branch services.
- May 2020Series B$8.3M
- Mar 2019Series B$35.9M
- Feb 2017Series B$23.9M
- Jun 2016Series B$15M
#12
Series D · Kolkata, West Bengal · founded 2001 · 4 employees$212.2Mraised▾
Bandhan is the largest miocrofinance institution in India with 20%+ market share and presence across 22 states and union territories. It has a network of 2,000+ branches and has disbursed loans to more than 5.8 million customers. Its outstanding loans stand at Rs. 7,810 crores. It works with women who are socially disadvantaged and economically exploited, for their social and economic upliftment. It provides collateral free micro loans in the range of Rs. 1,000-Rs. 10,000 for health, education and general purposes. It also provides loans for fisheries and other micro enterprises. It started off as an NGO in 2001 and obtained an NBFC license later. In 2014, RBI granted a preliminary license to Bandhan for starting a bank in India. The recent funding from GIC and IFC will be used to establish 600 bank branches across 27 states in India, with 50% branches in rural areas. On August 23, 2015, Bandhan launched its bank "Bandhan Bank" with 501 branches, 2022 service centres and 50 ATMs across 24 states.
- May 2015Series D$159.7M
- Sep 2014Conventional Debt$52.6M
- Sep 2011Series C$29.1M
- Dec 2009Series B$23.4M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Banks coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.