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Public sector banks in India information


Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India. The shares of these government-owned-banks are listed on stock exchanges. Their main objective is social welfare.

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Public sector banks in India

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Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry...

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Public sector undertakings

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Public Sector Undertakings (PSU) or Public Sector Enterprises (PSE) in India are government-owned enterprises in which 51 percent or more share capital...

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Bank of India

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Bank of India (BOI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since...

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Central Bank of India

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Bank of India (CBI) is an Indian public sector bank based in Mumbai. Despite its name, it is not the central bank of India. The Indian central bank is...

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State Bank of India

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State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI...

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List of banks in India

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list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. There are 12 public sector banks in India as of 1...

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Union Bank of India

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Union Bank of India, commonly referred to as Union Bank or UBI, is an Indian public sector bank headquartered in Mumbai. It has 153+ million customers...

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Bank of Baroda

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Bank of Baroda (BOB) is a government of India owned Multinational Public Sector Bank headquartered in Vadodara, Gujarat. It is the second largest Public...

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Canara Bank

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Canara Bank is an Indian public sector bank based in Bangalore, India. Established in 1906 at Mangalore by Ammembal Subba Rao Pai. The bank was nationalized...

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Disinvestment of Public Sector Units in India

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Disinvestment in Public sector undertakings in India is a process of public asset sales done by the President of India on behalf of the Government of India. It...

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Punjab National Bank

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Punjab National Bank is a Public sector undertakings in India (PSU) working under the government of India regulated by the Reserve Bank of India Act, 1934 and...

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UCO Bank

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largest public sector bank in India by total asset and ranked 1948 in Forbes Global 2000 list of year 2018 & ranked 80 on the Fortune India 500 list in 2020...

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Bank of Maharashtra

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Bank of Maharashtra is an Indian public sector bank headquartered in Pune. The bank had 30 million customers across the country with 2263 branches as...

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Banking in India

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State Bank of India in 1955. For many years, the presidency banks had acted as quasi-central banks, as did their successors, until the Reserve Bank of India...

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United Bank of India

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in Kolkata, the bank was nationalised by the government of India in 1969 becoming one of public sector banks in the country. The bank has been amalgamated...

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Indian Bank

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Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. It serves over 100 million customers with 41,645 employees...

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Indian Overseas Bank

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Indian Overseas Bank (IOB) is an Indian public sector bank based in Chennai. During the nationalisation, IOB was one of the 14 major banks taken over by...

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Oriental Bank of Commerce

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Oriental Bank of Commerce (OBC) was an Indian public sector bank headquartered at Gurgaon, Haryana. It had 2390 branches and 2625 ATMs across India. In April...

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HDFC Bank

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HDFC Bank merged with Times Bank in February 2000. This was the first merger of two private banks in the New Generation private sector banks category...

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DCB Bank

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DCB Bank Limited is a private sector scheduled commercial bank in India. It is amongst the new generation banks that received the scheduled commercial...

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List of public sector undertakings in India

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Central public sector enterprises (CPSEs) are those companies in which the direct holding of the Central Government or other CPSEs is 51% or more. As on...

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Syndicate Bank

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Syndicate Bank was one of the oldest and major commercial banks in India. It was founded by Upendra Ananth Pai, T. M. A. Pai and Vaman Srinivas Kudva....

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Reserve Bank of India

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further six banks were nationalised. The regulation of the economy and especially the financial sector was reinforced by the Government of India in the 1970s...

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Corporation Bank

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Corporation Bank was a public-sector banking company headquartered in Mangalore, India. The bank had a pan-Indian presence. Presently, the bank has a network...

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CSB Bank

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CSB Bank Limited (erstwhile Catholic Syrian Bank Limited) is an Indian private sector bank with its headquarters at Thrissur, Kerala, India. The bank has...

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Advanced Weapons and Equipment India

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Advanced Weapons and Equipment India Limited (AWE) is an Indian defence Public Sector Undertaking, headquartered in Kanpur, India. AWE primarily manufactures...

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Banks Board Bureau

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Sector Banks, Public Sector Financial Institutions, and Public Sector Insurance Companies and recommend measures to improve Corporate Governance in these...

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