Private Banks

Private banks in Kerala refer to banks that are owned by private entities, rather than the government. These banks offer a range of financial services to individuals and businesses in the state. Here's a brief history and summary of private banks in Kerala:

History of Private Banks in Kerala:
The first private bank in India was the IndusInd Bank, which was established in 1994. After the liberalization of the Indian economy in the 1990s, several private banks were established in the country, including in Kerala. The private banking sector in Kerala has since then grown, providing competition to public sector banks and improving access to banking services in the state.

Private Banks in Kerala:

Federal Bank: Federal Bank is a private sector bank based in Kerala. The bank was founded in 1931 and offers a range of financial services, including personal banking, corporate banking, and NRI banking.

South Indian Bank: South Indian Bank is a private sector bank based in Kerala. The bank was founded in 1929 and offers a range of financial services, including personal banking, corporate banking, and NRI banking.

Catholic Syrian Bank: Catholic Syrian Bank is a private sector bank based in Kerala. The bank was founded in 1920 and offers a range of financial services, including personal banking, corporate banking, and NRI banking.

HDFC Bank: HDFC Bank is a private sector bank that has a significant presence in Kerala. The bank was founded in 1994 and offers a range of financial services, including personal banking, corporate banking, and international banking.

ICICI Bank: ICICI Bank is a private sector bank that has a significant presence in Kerala. The bank was founded in 1994 and offers a range of financial services, including personal banking, corporate banking, and international banking.

Summary:
Private banks in Kerala have played a significant role in improving access to banking services in the state. The top private banks in Kerala include Federal Bank, South Indian Bank, Catholic Syrian Bank, HDFC Bank, and ICICI Bank.

Directory of Private Sector banks in Kerala like ICICI Bank, HDFC, HSBC, UTI Bank, IndusInd Bank, Centurion Bank of Punjab and The Karur Vysya Bank Limited. The bank websites and a brief about them are also available.

  • ICICI Bank : ICICI Bank is India's second-largest bank with wide range of banking products & financial services.
  • HDFC Bank : The Housing Development Finance Corporation Limited (HDFC) Bank is a leading private sector bank in India for banking services, retail banking.
  • The Karur Vysya Bank Limited : Karur Vysya Bank has branches across 11 States and two Union territories.
  • UTI Bank : Axis Bank is the first new generation private bank in India as UTI Bank with head quarters in Ahmedabad.
  • IndusInd Bank Ltd : IndusInd Bank's business include Corporate Banking, Retail Banking, Treasury and Foreign Exchange, Investment Banking, Capital Markets, Non-Resident Indian (NRI) / High Networth Individual (HNI) Banking etc.
  • Centurion Bank of Punjab : Centurion Bank of Punjab is now HDFC Bank.