Banking Awareness: Private Sector Banks in India

List of private sector banks in India along with their headquarters and tagline is an important Banking General Awareness topic for Bank PO, MBA and other government exams. You can expect at least 1-2 questions from List of Private sector bank with their headquarters in any competitive exam. This is a must read topic for a Bank aspirant as every year at least 2 questions are asked from it in SBI PO, IBPS PO and other banking exams. The following list is the latest list of private sector banks in India 2017 along with their headquarters and tagline. Before you mug up the list let us first understand few important points about Private sector banks.

1. What is a Private sector bank in India?

Ans.  Private-sector banks are the banks where greater parts of share is not held by the government but by private shareholders.

2. What are the top 3 public sector banks in India?

Ans. HDFC is the largest private sector bank in India followed by ICICI and Axis Bank.

Important News related to Private sector banks in India

Current RBI Monetary Policy Rates (Announced on 7th June 2017) –

Repo Rate6.25%
Reverse Repo Rate6.00%
Bank Rate6.50%
Marginal Standing Facility Rate6.50%
Cash Reserve Ratio4.00%
Statutory Liquidity Ratio20.00%

Here is a list of Private Sector Banks in India along with their Taglines: 

S.NoBank NameHeadquartersTagline
1.AXIS BankMumbaiBadhti Ka Naam Zindagi
2.Citi Union BankTamilnaduTrust and Excellene since 1904
3.Catholic Syrian BankThrissurSupport all the way
4.Dhanlaxmi BankTamilnaduTann. Mann. Dhan
5.DCB BankMumbaiWe Value You
6.Federal BankKeralaYour perfect banking partner
7.HDFC BankMumbaiWe understand your world
8.ICICI BankMumbaiKhayaal Apka
9.IDFC BankMumbaiBanking Hatke
10.IndusInd BankMumbaiWe make money simple
11.Jammu and Kashmir BankSrinagarServing to Empower
12.Karnataka BankMangaloreYour family bank across India
13.Kotak Mahindra BankMumbaiLet’s make money simple
14.Karur Vysya BankTamilnaduSmart way to bank
15.Lakshmi Vilas BankTamilnaduThe Changing Face of prosperity
16.Nainital BankNainitalBanking with personal touch
17.RBL BankMaharashtraApno ka Bank
18.South Indian BankKeralaExperience next generation banking
19.Tamilnad Mercantile Bank LimitedTamil Nadu
20.Yes BankMumbaiExperience our expertise
21.Equitas Small Finance BankChennai