List of Public sector banks in India and their headquarters

This article is pointing the ‘List of Public sector banks' in India and their headquarters’ along with their taglines and year of establishment.This list will be very useful for the aspirants who are preparing for competitive exams like IAS/PCS/SSC and Banking etc.
Created On: Sep 6, 2017 06:29 IST
Modified On: Feb 20, 2018 05:31 IST
List of all Public Sector Banks in India
List of all Public Sector Banks in India

A bank is a financial institution that accepts deposits from the public and creates credit. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial stability of a country, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities.

This article is pointing the ‘List of Public sector banks' in India and their headquarters’ along with their taglines and year of establishment.This list will be very useful for the aspirants who are preparing for competitive exams like IAS/PCS/SSC and Banking etc.

List of Public sector banks in India and their headquarters

Banks/Head Quarters

Tagline

Establishment

 1. Allahabad Bank ( Kolkata)

 A Tradition of Trust

 April 24, 1865

 2. Andhra Bank (Hyderabad)

 Where India banks

 Nov. 20, 1923

 3. Bank Of Baroda (Baroda))

 India’s International Bank

 July 20, 1908

 4. Bank Of India (Mumbai)

 Relationship Beyond Banking

 Sept. 7, 1906

 5. Bank Of  Maharashtra (Pune)

 One Family One Bank

Sept. 16, 1935

 6. Canara Bank (Bengaluru)

 Together We Can

July 1, 1906, (Canara Bank Ltd. in 1910)

 7. Central Bank Of India (Mumbai)

 Build A Better Life Around Us

 Dec. 21, 1911

 8. Corporation Bank (Mangalore)

 Prosperity For All

 Mar. 12, 1906

 9. Dena Bank ( Mumbai)

 Trusted Family Bank

May 26, 1938

 10. IDBI Bank (Mumbai)

 Banking for all / Aao Sochein Bada

 July 1964

 11. Indian Bank (Chennai)

 Your Tech-Friendly Bank

 Aug 15, 1907

 12. Indian Overseas Bank (Chennai)

 Good People to Grow With

 Feb 10, 1937

 13. Oriental Bank of Commerce (New Delhi)

 Where Every Individual is  Committed

 Feb. 19, 1943

 14. Punjab National Bank ( New Delhi)

 The Name You Bank Upon

 May 19, 1894 (founder - Lala Lajpat Rai)

 15. Syndicate Bank (Manipal)

 Your Faithful And Friendly Financial Partner

Oct. 20, 1925

 16. State Bank of India (Mumbai) Pure Banking Nothing Else,With You-All The Way July 1, 1955 (earlier Imperial Bank of India)

 17. UCO Bank (Kolkata)

 Honours Your Trust

 Jan. 6, 1943

 18. Union Bank Of India (Mumbai)

 Good People to Bank With

 Nov. 11, 1919

 19. United Bank Of India (Kolkata)

 The bank that begins with “U”

 Nov. 11, 1919

 20. Vijaya Bank (Bengaluru)

 A Friend You Can Bank Upon

Oct. 23, 1931

 21. India Post Payments Bank Limited (Delhi)
 ---  Jan. 2017

Basel III Norms in India: Meaning, Requirement and Impacts on Indian Banking system

After the merger of the associated banks of the SBI, the status of State Bank of India at the world level will be as:

Jagranjosh

image source:www.thehindubusinessline.com

Public Sector Banks are banks, where more than 50% stake is held by a government. The shares of these banks are listed on stock exchanges. These Banks also came under public scrutiny  so that Government can look after the  ownership and control of banks by a few business families,to prevent the concentration of wealth and economic power,to mobilize savings from masses from all parts of the country,and to cater to the needs of the priority sectors.

What is the Intake of Government in the Public Sector Banks of India?

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