Home Others Stock Market List Of Government Banks In India

List Of Government Banks In India

Government Banks in India are overseen and controlled by the legislature of India. A considerable lot of these nationalized banks are serving the country for over hundreds of years.

300
0
List Of Government Banks In India

Eighteenth-century denoted the start of the saving money framework in India. “Bank of Hindostan” was the among the primary banks built up in 1770 and the General Bank of India which was set up in 1786 however soon fizzled. State Bank of India is the most seasoned running banks in India and among the best government banks in India. It began as Bank of Calcutta in the year 1806, which was later renamed as Bank of Bengal in 1809. Later the three best banks of India subsidized by the legislature was converged in 1921 to set up Imperial Bank of India which after India’s autonomy was renamed to State Bank of India. India has presently 27 government or open parts banks of which 19 are nationalized banks in India and rest are SBI and its sub-relate banks. Government Banks in India are overseen and controlled by the legislature of India. A considerable lot of these nationalized banks are serving the country for over hundreds of years.

Allahabad Bank

Government banks in India, Established in 1865, Allahabad Bank is the oldest joint stock bank in India. Until the year 2012, the bank has about 2,500 branches across India. It is one of the most famous Government Banks in India with headquarters in Kolkata. The Bank opened its first overseas bank at Hong Kong in 2007. The bank is listed on Bombay Stock Exchange and the National Stock Exchange of India.

Allahabad Bank
via: Allahabad Bank

Built up Date: 24 April 1865

Basecamp: Kolkata

Site: Allahabad bank

Andhra Bank

A normal estimated open division bank (PSB) of India, Andhra Bank was built upon 20 November 1923, with its central station in Hyderabad. Starting at 31 Mar 2016, Andhra Bank has around 2803 branches in 25 states and three Union Territories in India. The greater part of its offers is claimed by the administration of India. Andhra Bank is a standout amongst the most celebrated banks in South India.

Andhra Bank
via: andhra bank

Set up Date: 20 November 1923

Central command: Hyderabad

Site: Andhra bank

Bank of India

It is a standout amongst the most popular business banks claimed by the administration of India. With its home office in Mumbai, Bank of India was established in 1906 and was nationalized in 1969. It has around 4828 branches as on 31 December 2013. Bank of India was under private proprietorship and control till July 1969 when it was nationalized alongside 13 different banks.

Bank of India
via: Bank of India

Built up Date : 7 September 1906

Base camp : Mumbai

Site: bank of india

Bank of Baroda

Bank of Baroda is the second biggest bank in India after State Bank of India. As on 2014, the bank has 5326 branches in India and abroad, and more than 8000 ATMs. Maharaja Sayajirao Gaekwad III, the Maharaja of Baroda established this bank in 1908 in Baroda, Gujarat. The bank was nationalized on 1969 with different banks and was assigned as a benefit making open division undertaking (PSU). The bank has won different honors and awards for its saving money framework and arrangements.

Bank of Baroda
via: bank of baroda

Built up Date: 20 July 1908

Basecamp: Vadodara

Site: Bank of Baroda

Bank of Maharashtra

Bank of Maharashtra is one of the real government banks of India serving around 15 million clients in India. It has the most number of branches than some other open segment bank in Maharashtra. In 1998 the bank got self-governing status, henceforth the legislature of India has constrained powers on basic leadership process and inside issues of the bank.

Bank Of Maharastra
via: Bank Of Maharastra

Built up Date : 1935

Base camp : Pune

Site:bank of maharashtra

Canara Bank

A standout amongst the most acclaimed national banks in India, Canara Bank was established as Canara Bank Hindu Permanent Fund in 1906 which makes it one of the most seasoned serving banks in India. The bank has around 5860 branches and in excess of 10026 ATMs as of September 2016. Canara Bank additionally has workplaces abroad at places like Hong Kong, London, Shanghai, Moscow, South Africa, Dubai, New York, and that’s only the tip of the iceberg.

Canara Bank
via: Canara bank

Built up Date : 1906

Base camp : Bangalore

Site: canara bank

Central Bank of India

One of the biggest and most established business banks in India, Central Bank of India is an administration possessed bank established on 21 December 1911. Its central station is situated in Mumbai, the money related capital of India. The bank has around 4741 branches and 5000 ATM’s. It likewise has abroad workplaces at Nairobi, Hong Kong and at Zambia.

Central bank Of India
via: Central bank Of India

Set up Date: December 1911

Central command : Mumbai

Site: central bank of india

Corporation Bank

A public sector bank , Corporation Bank was founded on 12 March 1906 with its headquarters at Mangalore, India. As of 30 January 2015, the bank had 8,000 functional units comprising 2200 branches, 1800+ ATMs, and 3,000 branchless banking units. It is one of the best government banks in India and one of the top 200 companies world over outside the United States.

Corporation Bank
Via: Corporation Bank

Set up Date : 12 March 1906

Central command : Mangalore, Karnataka

Site:  corpbank

Dena Bank

Dena Bank was established in 1938 and was nationalized in 1969. With its home office in Mumbai, Dena Bank has around 1,773 aggregate branches and plan to open more branches crosswise over India. The bank was established by the group of Devkaran Nanjee and was named at first as Devkaran Nanjee Banking Company until the 1969 nationalization..

Dena Bank
via: dena bank

Built up Date: 1938

Base camp : Mumbai

Site: dena bank

Indian Bank

One of the best performing open division banks in India, Indian Bank with its base camp in Chennai has around 2594 branches and a huge number of workers. It was claimed by the administration from 1969 when the bank was nationalized. The bank likewise has abroad branches at Colombo and Jaffna in Sri Lanka and in Singapore.

indian bank
via: indian bank

Built up Date : 15 August 1907

Base camp : Chennai

Site: indian bank

Indian Overseas Bank

One of the best government banks in India, Indian Overseas Bank is situated in Chennai and have around 3700 branches and 8 branches and workplaces abroad starting at 2014. The bank has accomplished 100% systems administration status and also 100% CBS status for its branches. The bank have branches in Singapore, Hong Kong, Colombo, Seoul, and Bangkok.

Indian Overseas Bank
via: Indian Overseas Bank

Built up Date: 10 February 1937

Base camp : Chennai, Tamil Nadu

Site: IOB

Oriental Bank of Commerce

Oriental Bank of Commerce is one of people in general segment banks in India. It was built up at first in Lahore before segment which was moved to India after the parcel and now is situated in Gurgaon, India. The bank offers a variety of keeping money items and administrations, for example, store accounts, advances, charge cards, Visas (with tie up with SBI), Insurance items, ATMs, Internet saving money, Mobile Banking and so forth.

Oriental Bank of Commerce
via: Oriental Bank of Commerce

Set up Date : 19 February 1943

Central command : Gurgaon( Gurugram)

Site:  obcindia

Punjab and Sindh Bank

A legislature claimed bank , Punjab and Sindh Bank was set up on 24 June 1908 by , Bhai Vir Singh, Sir Sunder Singh Majitha, and Sardar Tarlochan Singh and was nationalized on 15 April 1980 by the administration of India. The bank has around 1466 branches of which 623 branches are in Punjab.

Punjab and Sindh Bank
via: Punjab and Sindh Bank

Set up Date : 24 June 1908

Home office : New Delhi

Site: psbindia

Punjab National Bank

A standout amongst the most acclaimed government banks in India, Punjab National Bank is one of the most established banks in India built up on 19 May 1894 and now have around ,968 branches and more than 9,656 ATMs crosswise over 764 urban areas. The bank additionally has different branches and organization banks in different nations and urban communities. It has branches in the UK, Hong Kong, Dubai, Kabul and numerous different spots.

Punjab National Bank
via: Punjab National Bank

Built up Date : 19 May 1894

Base camp : New Delhi

Site: pnbindia

Syndicate Bank

One of the most seasoned and significant business banks of India, Syndicate Bank was set up in 1925 and have central station at Manipal, Karnataka. Being a standout amongst other banks in India , it has been granted ordinarily for its administrations and items. Syndicate Bank was nationalized in 1969 by administration of India.

Syndicate Bank
via: Syndicate Bank

Built up Date : 1925

Home office : Manipal, Karnataka

Site: syndicatebank

UCO Bank

A noteworthy government-possessed business bank of India, UCO Bank was established on 6 January 1943 in Kolkata. The Bank’s Regional nearness incorporates 3,078 branches and 2564 ATMs. It has two abroad branches in Singapore and Hong Kong.

UCO Bank
via: UCO Bank

Set up Date : 6 January 1943

Central command : Kolkata

Site: ucobank

Union Bank of India

One of the biggest government-possessed banks of India, Union Bank of India was established on 11 November 1919 . With it’s central station in Mumbai, the bank has a system of around 4500 branches and 6909 ATMs starting at 2016. The bank likewise have workplaces in Abu Dhabi, United Arab Emirates, Beijing, Peoples Republic of China, London, and Shanghai, and branches in Hong Kong, Dubai, Antwerp and Sydney.

Union Bank of India
via: Union Bank of India

Set up Date : 11 November 1919

Base camp : Mumbai

Site:  unionbankofindia

United Bank of India

Joined Bank of India is an Indian government-possessed money related administrations organization which was established by blending four banks Comilla Banking Corporation, Comilla Union Bank, Bengal Central Bank, and Hooghly Bank in 1950. With its head office in Kolkata, the bank have 35 provincial workplaces and 2005 branches spread all finished India.

United Bank of India
via: United Bank of India

Built up Date : 1950

Central station : Kolkata

Site: united bank of india

Vijaya Bank

One of the quickest developing government banks of India, Vijaya Bank was set up in 1931 and was nationalized in 1969 by the administration of India. The bank has around 1900 branches and 1651 ATMs as of August 2016. The bank offers wide varieties of monetary items and benefits and is headquartered in Bangalore, Karnataka.

Vijaya Bank
via: Vijaya Bank

Set up Date: 1931

Central command : Bangalore

Site: vijaya bank

State Bank of India

The most seasoned running banks in India and among the best government banks in India. State Bank of India began as Bank of Calcutta in the year 1806, which was later renamed as Bank of Bengal in 1809. Later the three best banks of India financed by the administration was converged in 1921 to set up Imperial Bank of India which after India’s autonomy was renamed to State Bank of India. The banks have around 14,000 branches, including 191 outside workplaces spread crosswise over 36 nations. SBI was positioned 232nd in the Fortune Global 500 rankings of the world’s greatest companies for the year 2016.

State Bank of India
via: State Bank of India

Built up Date : 2 June 1806

Basecamp: Mumbai

Site: State Bank of India

IDBI Bank

Known as Industrial Development Bank of India, IDBI Bank Indian government-possessed budgetary administration organization built up in 1964. It is right now tenth biggest advancement bank on the planet as far as reach, with 3350 ATMs, 1853 branches. It is a standout amongst other advancement bank possessed by the administration of India.

 

IDBI Bank
via: IDBI Bank

Set up Date : July 1964

Central command : Mumbai

Site: idbi

LEAVE A REPLY

Please enter your comment!
Please enter your name here