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List Of Public Sector Banks in India PDF Free Download
List Of Public Sector Banks in India
What is a Government Bank?
A government bank or a public sector bank is a bank that is owned by the government or is a major shareholder of more than 51% in the bank.
It can be both state government and centrally owned government banks. For example, India’s largest public sector bank is the State Bank of India with 52% government holding.
List of 12 Government Banks in India 2023
Below is the list of updated 12 Government banks in India after the mega-merger. You can also find merged banks in the brackets for reference.
- State Bank of India
- Punjab National Bank (With Merger of Oriental Bank of Commerce and United Bank of India)
- Bank of Baroda
- Canara Bank (With Merger of Syndicate Bank)
- Union Bank of India (With the Merger of Andhra Bank and Corporation Bank)
- Bank of India
- Indian Bank (With Merger of Allahabad Bank)
- Central Bank of India
- Indian Overseas Bank
- UCO Bank
- Bank of Maharashtra
- Punjab & Sind Bank
| Bank Name | Revenues | Established | Headquarters | Information |
| State Bank of India | ₹2,110 billion | 1955 | Mumbai, Maharashtra | Formerly known as Imperial Bank of India, SBI remains to date the largest public sector bank in India. |
| Punjab National Bank | ₹774.22 billion | 1894 | New Delhi, Delhi | The new name of the amalgamated 3(Punjab National Bank, Oriental Bank of Commerce, and United Bank). 2nd largest public sector bank in India. |
| Bank of Baroda | ₹422 billion | 1908 | Vadodara, Gujarat | Dena Bank and Vijaya Bank merged with Bank of Baroda, creating the third-largest public sector bank by loans in the country. |
| Bank of India | ₹418 billion | 1906 | Mumbai, Maharashtra | BOI is a commercial bank nationalized in July 1969 along with 13 other banks. founded by a group of eminent businessmen from Mumbai, Maharashtra |
| Bank of Maharashtra | ₹130.53 billion | 1935 | Pune Maharashtra | The bank was founded by V. G. Kale and D. K. Sathe and registered It was nationalized in 1969. |
| Union Bank of India | ₹696.39 billion | 1919 | Mumbai, Maharashtra | The bank has a network of 2,600 fully automated CBS branches, 3,040 ATMs |
| Canara Bank | ₹558.30 billion | 1906 | Bengaluru, Karnataka | UCO Bank, formerly United Commercial Bank, established in 1943 in Kolkata, is a major government-owned commercial bank in India. G. D. Birla, an eminent Indian industrialist was the architect of this organization |
| Central Bank of India | ₹259 billion | 1911 | Mumbai, Maharashtra | Oldest and largest commercial banks |
| Indian Bank | ₹405.74 billion | 1907 | Chennai, Tamilnadu | It has 20,924 employees, 2900 branches with 2861 ATMs, and 1014 cash deposit machines and is one of the top-performing public sector banks in India |
| Indian Overseas bank | ₹235.2 billion | 1937 | Chennai, Tamilnadu | Thiru.M. Ct. M. Chidambaram Chettiar established the Indian Overseas Bank (IOB) to encourage overseas banking and foreign exchange operations |
| Punjab and Sind Bank | ₹87.44 billion | 1908 | New Delhi | Of its 1559 branches spread throughout India, 623 branches are in Punjab state. |
| UCO Bank | ₹185.61 billion | 1943 | Kolkata, WB | UCO Bank, formerly United Commercial Bank, established in 1943 in Kolkata, is a major government-owned commercial bank of India. G. D. Birla, an eminent Indian industrialist was the architect of this organization |
| Language | English |
| No. of Pages | 2 |
| PDF Size | 0.05 MB |
| Category | List |
| Source/Credits | – |
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List Of Public Sector Banks in India PDF Free Download