115 indexable Banks companies headquartered in Maharashtra, India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $1.9B across 6 funded companies, including 1 unicorn.
| # | Company | Funding | Valuation | Stage | Latest round | Employees | Founded | Momentum |
|---|---|---|---|---|---|---|---|---|
| 1 |
IDFC First Bank
Commercial bank |
$1.6B | — | Public | Post IPO Apr 2025 | 931 | 1997 | ↑ Active |
| 2 |
Suryoday
Small finance bank offering savings accounts, deposits, and loan products |
$110.9M | $311M as of 2020 |
Series B | Series B May 2020 | 8,354 | 2008 | — |
| 3 |
RBL Bank
Commercial bank |
$120.6M | — | Acquired | Post IPO Aug 2020 | 12,202 | 1943 | — |
| 4 |
Yes Bank
Commercial bank |
$4.6M | — | Late Stage | Post IPO Dec 2022 | 29,387 | 2004 | — |
| 5 |
Centurion Bank
Diversified financial institution |
$85M | — | Public | Conventional Debt 2004 | 213,527 | 1994 | — |
| 6 |
Fino Payments Bank
Commercial bank |
$35M | — | Public | Series A Mar 2018 | 2,895 | 2006 | — |
| 7 |
Bank of India
Commercial bank |
— | — | Public | Post IPO Dec 2023 | 51,825 | 1906 | — |
| 8 |
Union Bank of India
Provider of retail banking services including loans and investment accounts |
— | — | Public | Post IPO Aug 2023 | — | 1911 | — |
| 9 |
Bank of Maharashtra
Commercial bank |
— | — | Public | Post IPO Jun 2023 | 12,977 | 1935 | — |
| 10 |
IDBI Bank
Unicorn Bank focused on providing home, auto, education & property loans |
— | $7.7B as of 2022 |
Acquired | Post IPO Jul 2021 | 18,205 | 1964 | — |
| 11 |
Central Bank of India
Commercial bank |
— | — | Public | Apr 2021 | 30,770 | 1911 | — |
| 12 |
IndusInd Bank
Provider of personal and business banking products and services |
— | — | Public | Post IPO Sep 2020 | 45,637 | 1994 | — |
| 13 |
Axis Bank
Provider of a commercial banking services |
— | — | Public | Post IPO Aug 2020 | — | 1993 | — |
| 14 |
ICICI Bank
Commercial bank |
— | — | Public | Post IPO Aug 2020 | 133,131 | 1994 | — |
| 15 |
HDFC Bank
Provider of commercial banking services |
— | — | Public | Aug 2020 | 213,527 | 1994 | — |
| 16 |
HDFC Bank
Digital bank offering wide range of personal and net banking services, including accounts, deposits, cards, loans, and investments |
— | — | Public | Post IPO Aug 2020 | — | 1994 | — |
| 17 |
Kotak Mahindra Bank
Provider of a commercial banking services |
— | — | Unfunded | May 2020 | 76,989 | 1985 | — |
| 18 |
Kotak Mahindra Bank
Provider of digital banking services |
— | — | Public | Post IPO May 2020 | — | 1985 | — |
| 19 |
SBI
Provider of commercial banking and financial services |
— | — | Public | Dec 2019 | 235,858 | 1806 | — |
| 20 |
DCB Bank
Commercial bank |
— | — | Public | Conventional Debt Jan 2018 | 11,268 | 1930 | — |
| 21 |
Abhyudaya Co-Operative Bank
Co-operative bank |
— | — | Unfunded | — | 150 | 1965 | — |
| 22 |
Adarniya P.D. Patilsaheb Sahakari Bank
Urban co-operative bank |
— | — | Unfunded | — | — | 2010 | — |
| 23 |
Aditya Anagha
Provider of deposit accounts, loans, and related financial services |
— | — | Unfunded | — | 2,500 | 2011 | — |
| 24 |
Ambarnath Jai-Hind Co-Op Bank
Urban co-operative bank |
— | — | Unfunded | — | 24 | 1985 | — |
| 25 |
Apna Sahakari Bank
Urban co-operative bank |
— | — | Unfunded | — | — | 1968 | — |
| 26 |
Axis Bank
Provider of diverse personal, business, NRI, and agricultural banking services |
— | — | Unfunded | — | — | 1994 | — |
| 27 |
Barclays
Provider of debit cards, investment, and cash management services |
— | — | Public | — | 7,100 | 1690 | — |
| 28 |
Barclays Bank
Provider of wealth management, investment banking, and financial services |
— | — | Unfunded | — | — | 1990 | — |
| 29 |
Baroda Global Shared Services
Commercial bank |
— | — | Deadpooled | — | 30,000 | 2017 | — |
| 30 |
BASSEIN CATHOLIC COOPERATIVE BANK LIMITED
Bassein Catholic Co-operative Bank is a personal and NRI banking services provider. |
— | — | — | — | 375 | 1918 | — |
| 31 |
BBK
Commercial Bank |
— | — | Unfunded | — | — | 1986 | — |
| 32 |
Bharat Co-operative Bank
Urban co-operative bank |
— | — | Unfunded | — | 3,750 | 1978 | — |
| 33 |
Bhingar Urban Co Op Bank
Co-operative bank |
— | — | Unfunded | — | — | 2018 | — |
| 34 |
Buldana Urban
Credit Union |
— | — | Unfunded | — | — | 1986 | — |
| 35 |
Central Bank of India
Provider of banking, financial, and online services to individuals and businesses |
— | — | Unfunded | — | — | 1911 | — |
| 36 |
Citicorp Finance
Provider of credit union banking services |
— | — | Unfunded | — | 215 | 1997 | — |
| 37 |
Corporation Bank
Union Bank of India is a financial company that offers consumer and business banking services. |
— | — | — | — | 18,935 | 1906 | — |
| 38 |
Cosmos Bank
Urban co-operative bank |
— | — | Unfunded | — | 1,750 | 1906 | — |
| 39 |
DCFC Bank
Commercial bank |
— | — | Unfunded | — | — | 2019 | — |
| 40 |
Deendayal Nagri Sahkari bank
Urban co-operative bank |
— | — | Unfunded | — | — | 1997 | — |
| 41 |
Deogiri Bank
Urban co-operative bank |
— | — | Unfunded | — | — | 1984 | — |
| 42 |
DNS BANK
DOMBIVLI NAGARI SAHAKARI BANK provides banking, financial, and insurance services. |
— | — | — | — | 750 | 1970 | — |
| 43 |
Dnyanradha
Co-operative bank |
— | — | Deadpooled | — | — | 2006 | — |
| 44 |
Dr. Panjabrao Deshmukh Urban Co-Operative Bank
Urban co-operative Bank |
— | — | Unfunded | — | — | 2013 | — |
| 45 |
Gain Standard Trust
The company offers comprehensive banking and financial solutions |
— | — | Unfunded | — | — | 2024 | — |
| 46 |
Godavari Urban Co Op Bank
Urban co-operative bank |
— | — | Unfunded | — | — | 2011 | — |
| 47 |
Haldhar Vikas Credit Co Operative Society
Company is a financial services provider offering credit and banking solutions to individuals and communities |
— | — | Unfunded | — | — | 2002 | — |
| 48 |
HBL Global
Provider of financial products and services through various channels, including retail banking, asset management, and direct sales |
— | — | Unfunded | — | — | 2000 | — |
| 49 |
IDFC First Bank
Provider of comprehensive suite of personal and business banking services, including loans, accounts, card solutions, and digital banking platforms |
— | — | Unfunded | — | — | 2015 | — |
| 50 |
Indrayani Co-operative Bank
Urban co-operative bank |
— | — | Unfunded | — | — | 2001 | — |
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.
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.
Commercial bank. It offers a range of personal and business banking products and services, include secure online banking services, credit cards, loans, and other financial solutions to its customers. It also provides various online platforms and mobile applications to facilitate convenient banking and financial management.
Commercial bank. The bank services includes savings & salary account, credit cards, corporate banking, insurance, mortgage loans, private banking. It also offers wealth management, investment banking to individual & business. In 2019, the company recorded annual revenues of $4.6B, and a net loss of $2.9B.
Centurion Bank of Punjab (formerly Centurion Bank) is a diversified financial institution providing personal banking, wealth management, corporate banking, and forex services among others.
Commercial bank. The bank has its roots in FINO PayTech, which is an end-to-end customer sourcing and servicing player providing low-cost payment technology with an extensive services delivery channel. FINO group also works directly in micro-lending and micro-insurance through their NBFC Intrepid Finance& Leasing. Provides savings and current account products, and payment products and cards in line with RBI guideline
Bank of India provides financial services to retail, corporate, MSME, rural and NRI clients. Incorporate banking, it provides Cash Management Services, Project Finance & Syndication Services, Loans, Trade Finance, and Cash Management Services. In rural banking, it provides short term capital to farmers through different cards such as Kisan Credit Card, Shatabdi Krishi Vikas Card, Kisan Samadhan Card and Star Bhumihee
Provider of retail banking services including loans and investment accounts. It offers include savings and deposit accounts, credit cards, and various loan products. The entity provides mechanisms for tax payments, utility bill settlements, and investment management in mutual funds and government schemes. It provides services through digital portals for fund transfers, account management, and document submission. The
Commercial bank
Bank focused on providing home, auto, education & property loans. Its services include mobile & internet banking, a positive pay system, debit card PIN generation, soft token, fixed deposit accounts, and online payment services.
Commercial bank
Provider of personal and business banking products and services. It other services include debit & credit cards, savings & current accounts, video KYC, microfinance, personal & commercial vehicle loans, credit cards, and SME loans. In 2022, the company recorded annual revenues of $5.54B and a net profit of $0.93B
Life Insurance Corporation of India
Beacon India
ICICI Bank
Norwest
Temasek
ChrysCapital
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IFC
Nepean Capital
True North
WestBridge Capital
Analah Ventures
Axis Bank
Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-21.
