Public Sector Banks List 2025
Public Sector Banks (Government Shareholding %, as of 1st April, 2025)
Public Sector Banks (PSBs) are a major type of bank in India,
where a majority stake (i.e. more than 50%) is held by the government.
In April 2019, Vijaya Bank and Dena Bank were merged with Bank of Baroda.
On 30 August 2019, Union Finance Minister Nirmala Sitaraman announced merger of six public sector banks (PSBs) with four better performing anchor banks in order to streamline their operation and size,
two banks were amalgamated to strengthen national presence and four were amalgamated to strengthen regional focuses. Subsequently,
the number of public sector bank has been reduced to 12 from 27
This new amalgamation came effective from 1 April 2020
Bank of Baroda (63.74%)
Bank of India (87.054%)
Bank of Maharashtra (87.01%)
Canara Bank (72.55%)
Central Bank of India (88.02%)
Indian Bank (81.73%)
Indian Overseas Bank (91%)
Punjab and Sind Bank (79.62%)
Punjab National Bank (70.22%)
State Bank of India (61.00%)
UCO Bank (93.29%)
Union Bank of India (67.43%)
List of Public Sector Banks in India |
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Sr. No |
Name of the Bank |
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1 |
Bank of Baroda |
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2 |
Bank of India |
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3 |
Bank of Maharashtra |
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4 |
Canara Bank |
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5 |
Central Bank of India |
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6 |
Indian Bank |
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7 |
Indian Overseas Bank |
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8 |
Punjab & Sind Bank |
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9 |
Punjab National Bank |
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10 |
State Bank of India |
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11 |
UCO Bank |
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12 |
Union Bank of India |
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List of Financial Institutions in India |
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Sr. No |
Name of the Bank |
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1 |
National Bank for Agriculture and Rural Development |
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2 |
Export-Import Bank of India |
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3 |
National Housing Bank |
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4 |
Small Industries Development Bank of India |
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SBI |
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1. |
The Chairman, State Bank of India, Corporate Centre, State Bank Bhavan, Madame Cama Road. Nariman Point-400021 |
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Head Offices of Nationalised Banks |
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1. |
The Chairman Bank of Baroda: Head Office Baroda Bhavan, RC DuttRoad. Alkapuri, Vadodara-390007 |
2. |
The Chairman Bank of India, |
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3. |
The Chairman |
4. |
The Chairman |
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5. |
The Chairman |
6. |
The Chairman |
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7. |
The Chairman |
8. |
The Chairman |
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9. |
The Chairman |
10. |
The Chairman |
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11. |
The Chairman |
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