List Of Nationalised Banks In India
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Banks are divided into categories like public sector banks private sector banks payments banks foreign banks regional rural banks cooperative banks etc.
List of nationalised banks in india. Later on july 19 1960 the 7 subsidiaries of sbi viz. Nationalised banks in india. Local area banks in india are the following. Icici bank is also known to be one of the big four banks of india with banks like state bank of india punjab national bank and bank of baroda based on total assets and market capitalizations.
Since they are non scheduled banks they cannot borrow funds from reserve bank of india like other scheduled commercial banks. The chairman allahabad bank head office 2 netaji subhas road kolkata 700 001. List of top 10 nationalised banks in india. Most of the nationalised banks in india are also known to public sector banks there are currently 27 public sector banks in india out of which 19 are nationalised banks and six are sbi and its associate banks and rest two are idbi bank and bharatiya mahila bank.
The chairman andhra bank andhra bank building sultan bazar pbno161 hyderabad 500 001. They are governed by the provisions of reserve bank of india act 1934 banking regulation act 1949 and other relevant statutes. There are total 93 commercial banks in india. Here are some top nationalised banks where you may consider opening an account.
They are to be registered as public limited companies under the indian companies act 1956. Government banks in india. Now there are total 20 nationalised banks in india. In india the banks which.
Other than psb there are total 93 commercial banks in india. Get the background history objectives and more other details of psu banks. When you open an account with a nationalised bank your money helps drive the countrys industry and economy. There are 100 indian banks and 40 foreign banks in india as of april 2020 in 731 indian districts as of now.
The chairman bank of baroda head office baroda house mandvi vadodara. There were currently 27 public sector banks in india 2018 out of which 19 are nationalised banks and six are sbi and its associate banks all merged with sbi and rest two are idbi bank and bharatiya mahila bank. A wide range of products such as fixed deposits savings current accounts loans credit cards makes this bank one of the best banks in the country. During the financial.
Head offices of nationalised banks. Check out the cici banking products below. Find the list of nationalized banks in india 2018 as per rbi list. Check the full list of government banks in india 2018 and their head office details background history objectives and much more from oneindia.
