Public Sector Scheduled Banks in India

The Public Sector Scheduled Banks in India consist of 19 Nationalised Banks, State Bank of India and It’s five (5) associates and IDBI. Public Sector Banks (PSBs) are banks where a majority stake (i.e. more than 50%) is held by a government. The shares of these banks are listed on stock exchanges.

There are total 27 Public Sector Scheduled Banks in India.

  1. Allahabad Bank
  2. Andhra Bank
  3. Bank of Baroda
  4. Bank of India
  5. Bank of Maharashtra
  6. Bhartiya Mahila Bank
  7. Canara Bank
  8. Central Bank of India
  9. Corporation Bank
  10. Dena Bank
  11. IDBI Bank
  12. Indian Bank
  13. Indian Overseas Bank
  14. Oriental Bank of Commerce
  15. Punjab National Bank
  16. Punjab & Sind Bank
  17. Syndicate Bank
  18. UCO Bank
  19. Union Bank of India
  20. United Bank of India
  21. Vijaya Bank

SBI and associate banks

  1. State Bank of India
  2. State Bank of Bikaner & Jaipur
  3. State Bank of Hyderabad
  4. State Bank of Mysore
  5. State Bank of Patiala
  6. State Bank of Travancore

#State Bank of Saurashtra (merged into SBI in 2008).

#State Bank of Indore (merged into SBI in 2010).

5 thoughts on “Public Sector Scheduled Banks in India

  1. jagruti godambe says:

    satisfactory data……………    🙂

  2. saravanan arasu says:

    is IDBI is public sector bank…kindly clarify …i find IDBI as private sector …with sbi and its 7 associate banks….

  3. Swadeep Kumar Shukla says:

    dear saravana idbi is classified as an ” other public sector bank ” by RBI in 1967 .. and nationalised later because of its credit for IDBI on wikipedia

  4. Swadeep Kumar Shukla says:

    i want to add here that ECGC ( exports credit and guarantee corporation) is another nationalised bank. So total number of nationalised banks is 27 ( not 26 ).

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