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Asia Pacific37 institutions

India Financial Sector

A booming fintech ecosystem built on UPI, with SBI, HDFC, and a new generation of neobanks.

Market Overview

India's financial sector is undergoing a historic transformation, driven by the Unified Payments Interface (UPI) — the world's most successful real-time payments infrastructure — and a wave of fintech innovation. The Reserve Bank of India has created a progressive regulatory sandbox that has enabled companies like Razorpay, PhonePe, and Paytm to scale rapidly. India's stock market has become one of the world's largest by market capitalisation.

India's financial sector is growing at 12-15% annually, with fintech investment reaching $8 billion in 2023.

Key Market Facts

  • ▸UPI processes 10+ billion transactions per month
  • ▸India has 3rd largest fintech ecosystem globally
  • ▸BSE and NSE list 5,000+ companies
  • ▸India has 80+ unicorn startups, many in fintech

Key Regulators

  • •Reserve Bank of India (RBI)
  • •Securities and Exchange Board of India (SEBI)
  • •Insurance Regulatory and Development Authority (IRDAI)

Browse India Directory

View all 37 financial institutions in India.

Featured Institutions in India

Angel One (Angel Broking)

StockbrokerMumbai, India

Angel One is one of India's largest full-service retail stockbrokers, offering equity trading, derivatives, mutual funds, and robo-advisory services through its digital platform.

www.angelone.in

AU Small Finance Bank Limited

Bank

AU Small Finance Bank Limited provides deposit, lending, card, investment and business-banking services in India.

www.au.bank.in/

Axis Bank

BankMumbai, India

Axis Bank is India's third-largest private sector bank, offering retail banking, corporate banking, SME banking, and treasury services with a strong digital banking platform.

www.axisbank.com

Bajaj Allianz General Insurance

Business InsurancePune, India

Bajaj Allianz General Insurance is one of India's leading general insurance companies, offering motor, health, travel, home, and commercial insurance products.

www.bajajallianz.com

Bajaj Finance

Alt. LendingPune, India

Bajaj Finance is India's largest non-banking financial company (NBFC), offering consumer finance, SME lending, commercial lending, and wealth management products.

www.bajajfinserv.in

Bandhan Bank Limited

Bank

Bandhan Bank Limited provides personal, business and NRI banking services in India.

bandhan.bank.in/

Bank of Baroda

BankVadodara, India

Bank of Baroda is one of India's largest public sector banks, offering retail banking, corporate banking, and international banking services across India and 17 other countries.

www.bankofbaroda.in

BharatPe

FintechNew Delhi, India

BharatPe is an Indian fintech company providing payment solutions and financial services to small merchants, including UPI QR codes, POS terminals, and business loans.

www.bharatpe.com

Canara Bank

BankBengaluru, India

Canara Bank is one of India's largest public sector banks, offering retail banking, MSME lending, agricultural finance, and international banking services.

www.canarabank.com

CRED

FintechBengaluru, India

CRED is an Indian fintech platform rewarding creditworthy individuals for timely credit card payments, offering financial products including personal loans, buy now pay later, and investment services.

www.cred.club

Groww

FintechBengaluru, India

Groww is India's leading investment platform for retail investors, offering direct mutual funds, stocks, ETFs, US stocks, and digital gold through a simple mobile app.

www.groww.in

HDFC Asset Management Company

Fund ManagerMumbai, India

HDFC AMC is one of India's largest and most profitable asset management companies, offering mutual funds across equity, fixed income, and hybrid categories.

www.hdfcfund.com

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