List of Government Bank in India 2023 PDF Download Link is available at the end of the post. See the complete List of Government banks in India.
Govt. Banks are also known as Public Sector Banks. These Banks are owned by Govt. of India. Public sector Banks are majorly owned by the government of that country. Because the government is the major shareholder(posses more than 50% of shares) in that particular bank. As the government of India is moving toward the privatization of the Banks, We bring you the complete list of Govt. Banks in India. The Reserve Bank of India is the central institution of all the Banks. This is the supreme monetary authority. Because it is the single entity that regulates all the changes related to the banking sector. There are three types of banks in India Commercial banks, government banks, and lastly private banks. Here we will give you full details related to the government banks.
List of Govt. Banks in India 2023
Below is the list of all the government banks in India 2023
- State Bank of India
- Punjab National Bank
- Bank of Baroda
- Canara Bank
- Union Bank of India
- Bank of India
- Indian Bank
- Central Bank of India
- Union Overseas Bank
- UCO Bank
- Bank of Maharashtra
- Punjab National Bank
Government Banks List In India
Here we are providing you the list of Indian public sector banks with complete information.
S.NO | Bank Name | Establishment | Headquarter |
1. | State Bank of India | 1955 | Mumbai, India |
2. | Punjab National Bank | 1908 | New Delhi, India |
3. | Bank of Baroda | 1908 | Gujarat, India |
4. | Canara Bank | 1906 | Bangalore, India |
5. | Union Bank of India | 1919 | Mumbai, India |
6. | Bank of India | 1906 | Mumbai, India |
7. | Indian Bank | 1907 | Chennai, India |
8. | Central Bank of India | 1911 | Mumbai, India |
9. | Indian Overseas Bank | 1937 | Chennai, India |
10. | UCO Bank | 1943 | Kolkata, India |
11. | Bank of Maharashtra | 1935 | Pune, India |
12. | Punjab & Sindh Bank | 1894 | Rajendra Place New Delhi, India |
Top 10 Govt. Bank List in India 2022
- State Bank of India (SBI)
SBI has a 23% Share of total market assets in India in the Banking sector. It is the largest public sector bank in India. SBI holds 1/4th of the total loans and deposits in the current financial market.
- Punjab National Bank (PNB)
PNB has become the 2nd latest public sector bank of India. With an overall business of around INR 8 trillion. Punjab National Bank is known for its wide range of amazing products. It delivers some of the best quality products to its customers.
- Union Bank of India
Andhra Bank and Corporation Banks were merged into the bank. Taking over the business of the bank to INR 14.9 trillion. Union banks have been a steady performer over the years.
- Canara Bank
Canara Bank became the 4th largest public sector bank. As it recently had a merger of the Syndicate Bank in it. Canara Bank is one of the oldest public sector banks in India.
- Bank of Baroda
Bank of Baroda is known as India’s International Bank, It has served over 127 million customers across 21 countries. And customer base of this bank is growing with each passing day.
- Bank of India
Bank of India was founded in the year 1906. Since then it has been serving its customer efficiently. That is why it is the 6th largest bank in India.
- Indian Bank
Indian Bank is the 7th largest public sector bank in India. Recently Allahabad Bank was merged in it. After its merger, it has grown its position stronger.
- Central Bank of India
The Central Bank of India has a wide number of branches across the country(all 28 states and 7 out 8 territories). Central Bank of India was also the 1st commercial bank to be completely managed and owned by Indians.
- Indian Overseas Bank
Indian Overseas Bank holds a strong position because of the impeccable banking product and trusts it provides to its customers. It was founded in 1932 and had the primary goal of having specialization in the foreign exchange business.
- Bank of Maharashtra
Bank of Maharashtra is known as the finest bank in India. That meets its tagline ‘One Family One Bank’. Bank of Maharashtra always had a tech-savvy and customer-centric focus over the year.
More details related to Govt. Banks
All the details related to these banks are given below. or you can visit their official website by the link given below in the table.
S/ No | Name of the Bank | Board of Directors | Address |
---|---|---|---|
1 | Bank of Baroda | Details | Central Office, P.O. Box No. 10046, 9th Floor, Baroda Corporate Centre, Bandra Kurla Complex, Bandra (East), Mumbai-400 051. |
2 | Bank of India | Details | Head Office, Star House, C-5, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai-400 051 |
3 | Bank of Maharashtra | Details | Head Office, Lokmangal, 1501, Shivaji Nagar, Pune-411 005. |
4 | Canara Bank | Details | Head Office, 112, J.C. Road, P.B. No. 6648, Bangalore-560 002. |
5 | Central Bank of India | Details | Head Office, Chandramukhi, Nariman Point, Mumbai-400 021. |
6 | Indian Bank | Details | Head Office, 31, Rajaji Road, Chennai-600 001 |
7 | Indian Overseas Bank | Details | Central Office, 763, Anna Salai, P.B. No. 3765, Chennai-600 02. |
8 | Punjab National Bank | Details | Head Office, 7, Bhikhaji Cama Place, Africa Avenue, New Delhi-110 066. |
9 | Punjab & Sind Bank | Details | Head Office, Bank House, 21, Rajindra Place, New Delhi-110 008. |
10 | Union Bank of India | Details | Head Office, 239, Vidhan Bhavan Marg, Nariman Point, Mumbai-400 021. |
11 | UCO Bank | Details | Head Office, 10, B.T.M. Sarani, Brabourn Road, Calcutta-700 001. |
12 | State Bank of India | Details | Central Office, State Bank Bhavan, Madam Cama Road, Mumbai-400 021 |
Download List of Government Banks in India 2023
Below you have been provided the direct link to download Government Bank in India PDF. By clicking on it, you can see and download the complete List of Government Bank in India 2023.