As of November 2023, there were 33 private and public banks licensed in India. In comparison to 2017, the number of public banks decreased due to merging activities. Until the market liberalization of the early 1990s nearly all banks in India had been nationalized. Besides these major banks there a nearly 100,000 urban and rural cooperative banks.
Number of banks across India as of November 2023, by type
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India Brand Equity Foundation. (November 30, 2023). Number of banks across India as of November 2023, by type [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1021852/india-number-of-scheduled-banks-by-type/
India Brand Equity Foundation. "Number of banks across India as of November 2023, by type." Chart. November 30, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1021852/india-number-of-scheduled-banks-by-type/
India Brand Equity Foundation. (2023). Number of banks across India as of November 2023, by type. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1021852/india-number-of-scheduled-banks-by-type/
India Brand Equity Foundation. "Number of Banks across India as of November 2023, by Type." Statista, Statista Inc., 30 Nov 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1021852/india-number-of-scheduled-banks-by-type/
India Brand Equity Foundation, Number of banks across India as of November 2023, by type Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1021852/india-number-of-scheduled-banks-by-type/ (last visited November 10, 2024)
Number of banks across India as of November 2023, by type [Graph], India Brand Equity Foundation, November 30, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1021852/india-number-of-scheduled-banks-by-type/
