Top Indian Banks & Their Mobile Banking Apps: Latest Ratings and Reviews in 2026

Digital banking in India is growing rapidly, and mobile banking apps have become one of the most important services offered by banks today. From fund transfers and bill payments to UPI transactions and investment services, banking apps are now an essential part of daily life for millions of customers.

In this article, we take a look at some of the top Indian banks, their official mobile banking apps, and their latest Google Play Store ratings and review counts.

Public Sector Banks (PSBs)

Public sector banks have significantly improved their digital banking platforms over the last few years.

* State Bank of India – YONO SBI – 4.2★ (3M reviews)

* Bank of Baroda – bob World – 4.3★ (1M reviews)

* Punjab National Bank – PNB ONE – 4.3★ (1M reviews)

* Canara Bank – Canara ai1 – 4.4★ (1M reviews)

* Union Bank of India – Union Ease – 3.0★ (816K reviews)

* Bank of India – BOI Mobile Omni Neo Bank App – 4.0★ (150K reviews)

* Indian Bank – IndSMART – 4.3★ (698K reviews)

* Central Bank of India – Cent Mobile – 3.6★ (139K reviews)

* Indian Overseas Bank – IOB VYOM – 4.3★ (20K reviews)

* UCO Bank – mPassbook / UCO mBanking Plus – 4.7★ (342K reviews)

* Bank of Maharashtra – Zen-lyfe – 3.0★ (6K reviews)

* Punjab & Sind Bank – PSB UniC – 4.4★ (22K reviews)

Major Private Sector Banks

Private banks continue to dominate in terms of user experience, ratings, and app innovation.

* HDFC Bank – HDFC Bank MobileBanking – 4.7★ (1M reviews)

* ICICI Bank  – iMobile Pay – 4.6★ (6M reviews)

* Axis Bank – Axis Mobile – 4.8★ (3M reviews)

* Kotak Mahindra Bank – Kotak Mobile Banking / Kotak 811 – 4.7★ (1M reviews)

* IndusInd Bank – IndusMobile – 4.6★ (703K reviews)

* YES Bank – IRIS – 4.7★ (133K reviews)

* IDFC FIRST Bank – IDFC FIRST Bank Mobile App – 4.9★ (2M reviews)

* IDBI Bank – Go Mobile+ – 4.6★ (321K reviews)

* Federal Bank – FedMobile – 4.5★ (196K reviews)

* South Indian Bank – SIB Mirror+ – 4.2★ (54K reviews)

* RBL Bank – RBL MyBank – 4.4★ (100K reviews)

* Karnataka Bank – KBL Mobile Plus – 4.6★ (220K reviews)

* Karur Vysya Bank – KVB DLite – 4.8★ (139K reviews)

* City Union Bank – CUB Mobile Banking – 4.2★ (29K reviews)

Key Observations

* IDFC FIRST Bank currently has one of the highest ratings at 4.9★.

* Axis Bank and Karur Vysya Bank also maintain excellent customer ratings at 4.8★.

* ICICI Bank’s iMobile Pay leads in review count with around 6 million reviews.

* PSU banks are improving rapidly in mobile banking services and digital adoption.

* Customers now prefer apps with smooth UI, quick UPI services, and reliable customer support.

Mobile banking has become the backbone of modern banking services in India. Banks are continuously upgrading their apps to provide secure, fast, and customer-friendly digital experiences.

Whether it is UPI payments, account management, online FD booking, or digital loan services, banking apps are shaping the future of Indian banking.

Read More

Employee of Bank of Baroda(BoB) arrested for stealing Rs 8.70 crore

Harsiddh Kadiyar, a joint custodian for Bank of Baroda, was detained by the Ahmedabad Police on Friday on suspicion of embezzling Rs 8.70 crore from the bank. According to reports, Kadiyar, who had been employed by the bank for the previous fifteen years, acknowledged that he stole in order to support an opulent lifestyle.

Officials at the bank's Kalupur branch, which also has a Reserve Bank of India (RBI) currency chest used to transfer money to other banks, uncovered the alleged theft after discovering that 174 bundles of Rs 500 notes worth Rs 8.70 crore were missing from the vault. Chief custodian Sanjay Sharma and joint custodian Harsiddh Kadiyar oversaw the vault.

After reviewing the CCTV footage, bank officials discovered that Kadiyar was observed leaving the bank on January 13 with many boxes. By claiming that the boxes contained trash that he was taking outdoors for disposal, he allegedly deceived his coworkers. He thought the CCTV film would be automatically erased after three months, so he kept working at the bank for about ninety days following the robbery.

The bank manager later filed a complaint at the local police station, after which the police started an investigation.

Police arrested Kadiyar soon after the complaint was filed. During questioning, he reportedly confessed to the crime.

According to the preliminary investigation, Kadiyar used the stolen money to buy a bungalow in Chandkheda worth more than Rs 2 crore, a shop worth Rs 1.40 crore, a small truck, and also invested some money in cryptocurrency.

He also allegedly gave Rs 28 lakh to a co-worker, Vaishali Ben. Police recovered Rs 2.20 crore in cash from an Ertiga car parked outside a house in Sola where Kadiyar was staying. The vehicle and his mobile phone have also been seized.

Following that time, Kadiyar claimed to be ill and quit going to work. He requested a five-day medical absence on April 13, but he didn't go back to work until April 20.

Read More

Bank Ordered to Pay ₹2 Lakh PMSBY Insurance Claim Over ₹12 Premium Deduction Failure

The district consumer commission in Uttarkashi issued a ruling on April 25, 2022, which SBI appealed to the Uttarakhand state consumer commission.

The Uttarakhand State Consumer Disputes Redressal Commission has upheld an order directing the State Bank of India (SBI) to pay Rs 2 lakh insurance cover to the husband of a deceased woman enrolled in the Pradhan Mantri Suraksha Bima Yojana (PMSBY), holding that a bank cannot avoid responsibility after failing to deduct a nominal insurance premium despite a sufficient balance in the customer's account.

The district consumer commission, Uttarkashi, issued an order on April 25, 2022, directing the bank to pay the insured amount of Rs 2 lakh along with 6% annual interest starting on March 12, 2019, and litigation expenses of Rs 5,000 to complainant Govind Singh Rana. A bench consisting of Kumkum Rani, President, and B S Manral, Member, was hearing an appeal filed by SBI.

The consumer commission rejected SBI's appeal on May 19, stating that "there was a clear-cut deficiency in service on the part of the bank by not deducting the premium amount of Rs. 12/- from the account of the deceased on May 27, 2017, despite being a sufficient credit balance in her account."

Read More

Bank of India(BOI) Raises FD Rates Up to 7.60% for Super Senior Citizens, May 18, 2026

For balances under ₹3 crore, Bank of India has raised interest rates on its medium- and long-term fixed deposits. The updated prices go into effect on May 18, 2026.

In light of the present interest rate environment, the raise mainly covers deposit tenures between one and three years, providing depositors with larger returns.

Revised Fixed Deposit Rates (Less than ₹3 Crore)

 

Tenure	General Public	Senior Citizens	Super Senior Citizens
1 Year to < 2 Years	6.50%	7.00%	7.15%
2 Years to <3 Years	6.60%	7.10%	7.25%
3 Years	6.70%	7.20%	7.35%

 

 

Additional Benefits:

• For deposits of 3 years and above, Senior Citizens will get an extra 0.75% p.a. and Super Senior Citizens 0.90% p.a. over the card rates.

• Non-callable deposits (above ₹1 crore with minimum tenure of 1 year) will earn an additional 0.15% p.a.

• Senior/Super Senior Citizen additional rates apply on tenures from 6 months to less than 3 years as per the new structure.

Important Notes:

• Loan against Fixed Deposit facility and premature withdrawal are available only on callable deposits.

• Customers can open these Fixed Deposits at any Bank of India branch or digitally through the BOI Omni Neo App and Internet Banking.

 

Why This Matters

With RBI’s repo rate stance and softening inflation, several banks are selectively hiking FD rates to attract longer-term deposits. Bank of India’s latest revision makes its 2-3 year deposits quite competitive, especially for senior citizens who can now earn up to 7.60% on longer tenures.

Best For:

• Retirees looking for stable monthly/quarterly income

• Conservative investors seeking safety with higher returns

• Those planning to park funds for 1-3 years

Retail depositors are advised to compare rates across banks before booking, as small differences in rates can significantly impact returns on large deposits.

For more details visit https://bankofindia.bank.in

Read More

Cash shortage in Currency Chest in Ahmedabad: ₹8.70 Crore Missing found During Audit

Bank fraud involving cash remittance irregularities has come to light in Bank of Baroda(BoB), Kalupur, Ahmedabad.

Incident Details:

* A Chief manager of a bank Mr. Harihar Devam lodged a complaint regarding irregularities in cash remittance deposited with a cash logistics/custodian company responsible for transferring money between banks.

* The Reserve Bank-authorized cash remittance process involved appointing a main custodian Mr. Sanjay Sharma and joint custodian Mr. Harsidhdh Kadiyar for handling cash. The accused was appointed as joint custodian.

* When large amounts of cash are received in the treasury, the custodian records and manages the cash.

* On 13 April, the joint custodian informed the branch manager that his health was not good and requested leave. Initially, one day leave was granted, followed by five days medical leave.

* After completion of the leave period, he again requested 17 more days leave from 20 April onwards. However, the bank rejected the leave request and instructed him to report for duty because a new main custodian was to be appointed.

* Since the employee did not return to duty, responsibilities were handed over to another staff member.

* During an internal audit by the RBI-authorized agency, a shortage of 174 sealed cash packets of ₹500 denomination was detected, amounting to approximately ₹8.70 crore.

* Investigation revealed that the cash packets had allegedly been removed from the bank treasury.

* It was also found that the accused had fled with his family from his residence in Chandkheda.

* A complaint regarding the matter has been registered at Kalupur Police Station.

Brief :

It has been alleged that a Bank of Baroda employee at the Kalupur branch embezzled Rs 8.7 crore from the company's currency reserves and concealed the shortfall by uploading fictitious balance certificates on the RBI's e-Kuber platform. 

Following the employee's extended absence, the fraud was discovered during an internal audit. The accused, a resident of Chandkheda, was the joint custodian of the currency chest at the Gandhi Road branch, according to the chief manager's report submitted to Kalupur police on Friday. 

Despite several calls and emails, he did not return after taking a leave of absence on April 13 due to health concerns. Officials found 174 reams of Rs 500 notes missing during the ensuing audit. Ten bundles of 100 notes apiece, totaling Rs 8.7 crore, were packed in each ream.

The "bin book" and Excel sheets used for daily reconciliation may have been manipulated, according to the complaint, which claims that internal records misrepresented the amount of cash as available. The certificates uploaded to the e-Kuber system were purportedly created using these documents. 

The accused reportedly entered the branch on the evening of January 13, according to CCTV footage examined during the investigation. Soon after, a laborer and his kid came in, and the video shows the three of them leaving the branch with several boxes. 

According to the complaint, security guards told him that evening that the accused was stealing boxes from the property. The accused allegedly stated that the boxes included scrap material intended for disposal when questioned at the time.

Read More

7-Year Imprisonment for Former Bank of India(BOI) Branch Manager in CBI Fraud Case

In a bank fraud case, the CBI Court in Bhopal convicted former Bank of India Senior Branch Manager Piyush Chaturvedi and private individual Mohan Singh Solanki to seven years of harsh imprisonment. Additionally, the court fined both defendants ₹60,000 in total. On May 14, 2026, the verdict was rendered.

The case was filed on January 25, 2016, according to the Central Bureau of Investigation (CBI), based on a written complaint submitted by the Deputy Zonal Manager of Bank of India, Zonal Office, Bhopal, at the time.

The CBI claimed that on November 26, 2013, Piyush Chaturvedi, a Senior Branch Manager of the Bank of India's Misrod Branch in Bhopal, illegally approved a term loan and cash credit limit of ₹30 lakh in the name of M/s R.J. Enterprises.

The same day, it is alleged that ₹25 lakh was fraudulently transferred from M/s R.J. Enterprises' account via an RTGS transaction using falsified vouchers and RTGS forms. The money was moved to the account of M/s Sanwariya Machine, which belonged to accused Mohan Singh Solanki.

Both of the suspects stole the money as part of a criminal conspiracy, according to the inquiry. The bank suffered an unjust loss as a result of the fraud, while the accused individuals gained an unfair advantage.

Following the inquiry, the CBI presented a chargesheet to the appropriate court against both defendants.

Read More

Allahabad highcourt fines Rs.50000 to bank for freezing customer account

 

If a customer's account credit exceeds their claimed income, Channel Banks will freeze their account. Consumers are becoming irate, and the Allahabad High Court heard one such case.

The Allahabad High Court's Lucknow Bench has expressed concern about banks blocking client accounts without good cause. According to the Court, a bank shouldn't act like an investigative body since it functions as a trustee.

Indian Overseas Bank was fined ₹50,000 by a Division Bench consisting of Justices Shekhar B. Saraf and Awadhesh Kumar Chaudhary. A customer's account was locked by the bank without good reason. The bank was mandated by the court to reimburse the account holder for this sum within four weeks.

The lawsuit concerns M/s S.A. Enterprises, a business that sells fish farming equipment. A petition was filed by the business against the bank. According to the suit, on January 16, 2026, RTGS credited ₹23 lakh to the company's account. 

This transaction was viewed as suspicious by the bank, which froze the account. The bank said that the company had only reported an annual income of ₹5.76 lakh at the time the account was opened. The bank blocked the account as a result, invoking the Prevention of Money Laundering Act. The High Court pointed out that no cybercrime report was the reason the account was frozen.

The bank behaved as an investigative agency and took independent action. The Court made it quite plain that banks are not allowed to determine the source of cash on their own. An order from the Central Bureau of Investigation, the Police, or the Enforcement Directorate is required in order to freeze an account.

Additionally, the Court stated that the practice of freezing accounts without a valid justification is concerning. Such acts have the potential to halt corporate operations and harm account holders' reputations.

Read More

RBI cancels banking licence of Paytm Payments Bank

The banking license granted to Paytm Payments Bank Limited under Section 22(4) of the Banking Regulation Act, 1949 (the "BR Act") was revoked by the Reserve Bank of India (RBI) on Friday, April 24, 2026, with effect from the end of business on that day.

As a result, Paytm Payments Bank Limited is immediately barred from engaging in "banking" as that term is defined in Section 5(b) or any other activity listed under Section 6 of the Banking Regulation Act, 1949, according to an RBI circular.

The regulatory agency said it will make an application for winding up of the bank before the High Court.

It said Paytm Payments Bank Limited has enough liquidity to repay its entire deposit liability upon winding up of the bank.

The Reserve Bank said it cancelled the licence of the Paytm Payments Bank Limited because the affairs of the bank were “conducted in a manner detrimental to the interest of the bank and its depositors.”

“Thus, the bank is not complying with Section 22 (3) (b) of the BR Act,” it said.

Besides the “general character of the management of the bank is prejudicial to the interest of depositors as also the public interest. Thus, the bank is not complying with provisions of Section 22 (3) (c) of the BR Act,” it said. 

It said no useful purpose or public interest would be served by allowing the bank to continue as envisaged in Section 22 (3) (e) of the BR Act.

The action was taken because the bank failed to comply with the conditions stipulated in the Payments Bank license issued to it, thereby violating the provisions of Section 22 (3)(g) of the BR Act, the central agency said.

Read More