Best Banks Companies in Mumbai, India
The 58 best Banks companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: IDFC First Bank.
Ranked: Best Banks companies in Mumbai
| # | Company | Disclosed funding | Revenue | Last round | Employees | Founded | App-install YoY | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | SBI Provider of commercial banking and financial services | — | $71.8B FY2024 | 78 mo ago | 235,858 | 1806 | +9% | — |
| 2 | HDFC Bank Digital bank offering wide range of personal and net banking services, including accounts, deposits, cards… | — | $49.3B FY2024 | 71 mo ago | — | 1994 | +43% | — |
| 3 | Union Bank of India Provider of retail banking services including loans and investment accounts | — | $15.4B FY2025 | 34 mo ago | — | 1911 | — | — |
| 4 | Kotak Mahindra Bank Provider of digital banking services | — | $11.4B FY2024 | 73 mo ago | — | 1985 | +43% | — |
| 5 | Kotak 811 Internet-first bank offering digital banking services for individuals | — | $11.4B FY2024 | — | 76,989 | 2016 | — | — |
| 6 | NABARD Development bank focusing on agricultural and rural development | — | $6.0B FY2024 | — | 45 | 1982 | — | 1 expansion |
| 7 | 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 | $1.6B | $5.1B FY2025 | 14 mo ago | 931 | 1997 | +45% | — |
| 8 | Central Bank of India Commercial bank | — | $4.3B FY2024 | 62 mo ago | 30,770 | 1911 | +500% | — |
| 9 | IDBI Bank 🦄 Bank focused on providing home, auto, education & property loans | — | $3.7B FY2024 | 59 mo ago | 18,205 18,205 → 18,461 (+1%) | 1964 | — | 1 partnership |
| 10 | RBL Bank Commercial bank | $121M | $1.9B FY2024 | 70 mo ago | 12,202 12,202 → 15,991 (+31%) | 1943 | — | 1 internship · 1 expansion |
| 11 | Axis Bank Provider of a commercial banking services | — | $1.8B FY2026 | 71 mo ago | — 104,579 → 106,434 (+2%) | 1993 | — | — |
| 12 | Citicorp Finance Provider of credit union banking services | — | $1.6B FY2025 | — | 215 | 1997 | — | — |
| 13 | DCB Bank Commercial bank | — | $705M FY2024 | 101 mo ago | 11,268 11,268 → 10,445 (-7%) | 1930 | +29% | 1 award |
| 14 | Fino Payments Bank Commercial bank | $35M | $218M FY2025 | 99 mo ago | 2,895 | 2006 | +58% | — |
| 15 | HBL Global Provider of financial products and services through various channels, including retail banking, asset… | — | $100M FY2016 | — | — | 2000 | — | — |
| 16 | Kotak Realty Fund Real estate investment management firm | — | $69M FY2025 | — | 568 | 2005 | +15% | — |
| 17 | Baroda Global Shared Services Commercial bank | — | $34M FY2025 | — | 30,000 | 2017 | — | 5 job openings |
| 18 | SBI-SG Commercial bank | — | $32M FY2025 | — | 51 | 2008 | — | 2 partnerships · 1 award |
| 19 | ICICI Bank Commercial bank | — | $0 FY2025 | 71 mo ago | 133,131 133,131 → 182,064 (+37%) | 1994 | +11% | 1 internship |
| 20 | SBM Bank Commercial bank | — | $0 FY2025 | — | 779 779 → 893 (+15%) | 2018 | — | — |
| 21 | Suryoday Small finance bank offering savings accounts, deposits, and loan products | $111M | — | 73 mo ago | 8,354 | 2008 | +84% | — |
| 22 | Yes Bank Commercial bank | $5M | — | 42 mo ago | 29,387 29,387 → 40,199 (+37%) | 2004 | — | — |
| 23 | Centurion Bank Diversified financial institution | $85M | — | 264 mo ago | 213,527 | 1994 | — | — |
Top 12 Banks companies in Mumbai
#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 · 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
#3
Acquired · Mumbai, Maharashtra · founded 1943 · 12202 employees$120.6Mraised▾
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.
#4
Late Stage · Mumbai, Maharashtra · founded 2004 · 29387 employees$4.6Mraised▾
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.
- Dec 2022Post IPO$1.1B
- Mar 2020Post IPO$978.9M
- Nov 2019Post IPO$12.3M
- Aug 2019Post IPO$270.5M
#5
Public · Mumbai, Maharashtra · founded 1994 · 213527 employees$85Mraised▾
Centurion Bank of Punjab (formerly Centurion Bank) is a diversified financial institution providing personal banking, wealth management, corporate banking, and forex services among others.
#6
Public · Mumbai, Maharashtra · founded 2006 · 2895 employees$35Mraised▾
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 guidelines.
- Mar 2018Series A—
- Dec 2009Series A$15M
- 2007Series A$20M
#7
Public · Mumbai, Maharashtra · founded 1906 · 51825 employees—raised▾
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 Bhumiheen Kisan Card. In 2022, the company recorded annual revenues of $6.36B and a net profit of $0.4B.
#8
Public · Mumbai, Maharashtra · founded 1911—raised▾
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 organization maintains security protocols for electronic banking and provides support for managing financial assets and debt obligations.
#9
Acquired · Mumbai, Maharashtra · founded 1964 · 18205 employees$7.7Braised▾
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.
#10
Public · Mumbai, Maharashtra · founded 1911 · 30770 employees—raised▾
Commercial bank
#11
Public · Mumbai, Maharashtra · founded 1993—raised▾
Provider of a commercial banking services. It specializes in retail banking, corporate banking, digital banking, mutual funds, demat and trading accounts, and insurance products. The overseas operations of the Bank are spread over its 7 international offices with branches at Singapore, Hong Kong, DIFC (Dubai International Financial Center), Colombo, Shanghai, and respective offices at Dubai and Abu Dhabi. In 2022, the company recorded annual revenues of $13.21B and a net profit of $1.34B.
#12
Public · Mumbai, Maharashtra · founded 1994 · 133131 employees—raised▾
Commercial bank. It offers a range of personal and business banking products and services, including accounts, deposits, cards, loans, and insurance. The bank provides extensive online banking facilities, allowing customers to manage their finances and conduct transactions securely and conveniently. In 2022, the company recorded annual revenues of $23.17B and a net profit of $4.24B.
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.