Lower Parel, Mumbai

HDFC Bank is India’s largest private sector bank, set up in 1994 among the first of the new private banks licensed after liberalisation.

Axis Bank began in 1993 as UTI Bank, promoted by the Unit Trust of India and the public-sector insurers, and took its present name in 2007.

Yes Bank was licensed in 2004 and grew fast through the 2010s before a crisis of bad loans led the RBI to place it under a moratorium in March 2020 and reconstruct it with SBI and other banks as shareholders.

RBL Bank is the old Ratnakar Bank of Kolhapur, founded in 1943, which was taken over by a new management in 2010 and rebuilt into a national private bank with its corporate office at One World Centre in Lower Parel.

Airtel Payments Bank, promoted by Bharti Airtel, was the first payments bank to open in 2017 and is the largest operating one, with its registered office in Delhi and operations across Mumbai.

Bajaj Finance, headquartered in Pune, is India’s largest non-banking finance company by market value, lending for consumer durables, two-wheelers, personal loans, SMEs and mortgages through Bajaj Housing Finance; its Mum

Piramal Enterprises is the financial-services company of the Piramal group, with its head office at Piramal Ananta in Kurla and earlier at Peninsula Corporate Park, Lower Parel; it absorbed Dewan Housing Finance in 2021

Aditya Birla Finance is the lending arm of Aditya Birla Capital, with its head office at One World Centre in Lower Parel; it lends to SMEs, corporates and retail borrowers.

Tata Capital is the financial-services company of the Tata group, with its head office at Peninsula Business Park in Lower Parel; it lends to retail, SME and corporate borrowers, finances housing and runs private equity

Shriram Finance, the merged Shriram Transport Finance and Shriram City Union Finance, is one of the largest NBFCs in India, lending for commercial vehicles, two-wheelers and small businesses; its registered office is at

Abhyudaya Co-operative Bank, founded in 1964 in the mill district of Parel, is a scheduled multi-state co-operative bank serving the working families of central Mumbai and Navi Mumbai; the RBI superseded its board in 202

Apna Sahakari Bank, founded in 1968 at Parel, is a scheduled co-operative bank of central Mumbai.

NSDL Payments Bank, promoted by the depository NSDL, is headquartered at Kamala Mills, Lower Parel, and offers accounts and payments through digital channels.