<Tr> <Td> 12 . RBL Bank </Td> <Td> 1943 </Td> </Tr> <P> The banks, which came in operation after 1991, with the introduction of economic reforms and financial sector reforms are called "new private - sector banks". Banking regulation act was then amended in 1993, which permitted the entry of new private - sector banks in the Indian banking s sector . However, there were certain criteria set for the establishment of the new private - sector banks, some of those criteria being: #The bank should have a minimum net worth of Rs. 200 crores . </P> <Ol> <Li> The promoters holding should be a minimum of 25% of the paid - up capital . </Li> <Li> Reliance Capital, India Post, Larsen & Toubro, Shriram Transport Finance are companies pending a banking license with the RBI under the new policy, while IDFC & Bandhan were given a go ahead to start banking services for 2015 . </Li> <Li> Within 3 years of the starting of the operations, the bank should offer shares to public and their net worth must increase to 300 crores . </Li> </Ol> <Li> The promoters holding should be a minimum of 25% of the paid - up capital . </Li>

Which is the india's largest private sector bank