Private sector banks are those where the majority of the shares are held by the private shareholders and government has no interference. Private banks came into popularity during 1990s after private banks started to grow. Private banks have used the latest technologies and gadgets for improving their services and today, most people depend on private banks for their financial concerns and services. List of 10 Best Private Banks in India The private sector banks are divided into old and new by the financial regulators of the country. The old ones existed before nationalization in 1969 but they were too small … Continue reading Top 10 Private Sector Banks in India by RBI