Nationalised And Public Sector Banks in INDIA

1 Allahabad Bank: On April 24, 1865, a group of Europeans founded the bank at Allahabad, making it the oldest Joint Stock bank in India, is now head-quartered at Kolkata. On July 19, 1969, the Government of India nationalized Allahabad Bank, together with 13 other banks.The bank has 2260 branches.The Chairman and Managing Director of the bank is Shri J P Dua.In February, 2007, Allahabad Bank opened its first overseas branch, in Hong Kong.

2 Andhra Bank: Came into existence in 1923, it has 1557 branches across the country.
SHRI R S REDDY, is the CHAIRMAN AND MANAGING DIRECTOR of the bank.

3 Bank Of Baroda: Started in 1908 this bank now has 3123 branches across the country.Shri. M. D. Mallya is the Chairman & Managing Director.

4 Bank Of India: Established on 7 September 1906 is a bank with headquarters in Mumbai. Government-owned since nationalization in 1969, It is one of India's leading banks, with about 3101 branches including 29 branches outside India. BoI is a founder member of SWIFT (Society for Worldwide Inter Bank Financial Telecommunications) in India which facilitates provision of cost-effective financial processing and communication services. The international business accounts for around 17.82% of Bank's total business.Shri. Alok Kumar Misra is the
Chairman & Managing Director.

5 Bank of Maharashtra: Registered on 16th Sept 1935,is head quartered in Pune. Known as a common man's bank since inception, its initial help to small units has given birth to many of today's industrial houses.It now has 1444 branches all over India. The Bank has the largest network of branches by any Public sector bank in the state of Maharashtra.Allen C A Pereira is the Chairman of the bank.

6 Canara Bank: It was established in India in 1906, headquarters in Bangalore. The Bank’s branch network crossed the 3000 mark in 2009-10.In terms of business it is one of the largest nationalized commercial banks in India, with a total business of about Rs.2 trillion. Mr. A. C. Mahajan is the Chairman & MD of the bank.

7 Central Bank of India: It is one of the oldest and largest commercial banks in India based in Mumbai. It has 3563 branches across the country. Mr S Sridhar is the Chairman and Managing Director of state-run Central Bank of India.

8 Corporation Bank: Started about 104 years ago in 1906, nationalised in 1980
n 1997, it became the Second Public Sector Bank in the country to enter capital market, the IPO of which was over- subscribed by 13 times. Shri J. M. Garg, is the Chairman & Managing Director of the Bank.

9 Industrial Development Bank of India Limited:It is one of India's leading public sector banks and 4th largest Bank in overall ratings. It was established in 1964 by an Act of Parliament to provide credit and other facilities for the development of the fledgling Indian industry. It is currently the tenth largest development bank in the world in terms of reach with 1162 ATMs, 710 branches and 474 centers.Some of the institutions built by IDBI are the National Stock Exchange of India (NSE), the National Securities Depository Services Ltd (NSDL), the Stock Holding Corporation of India (SHCIL), and IDBI BANK. Mr. Yogesh Agarwal, is the Chairman of the bank.

10 Dena Bank: It was founded on 26 May, 1938 is one of the earliest banks in India headquartered in Mumbai.Dena Bank, in July 1969 along with 13 other major banks was nationalized and is now a Public Sector Bank constituted under the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970. Shri D.L.Rawal os the
Chairman & Mg. Director of the bank.

11 Indian Bank: Established on 15th August 1907 as part of the Swadeshi movement, is a major Indian Commercial Bank headquartered in Chennai.The Government of India nationalized the bank, along with 13 other major commercial banks, on 19 July 1969. 1,657 branches all over India and overseas branches in Singapore and Colombo including a Foreign Currency Banking Unit at Colombo. 240 Overseas Correspondent banks in 70 countries. Shri T.M. Bhasin is the Chairman & Managing Director of Indian Bank.

12 Indian Overseas Bank: Established 1937, it is a major bank based in Chennai (Madras), with 1950 domestic branches and six branches overseas. Indian Overseas Bank has an ISO certified in-house Information Technology department. Shri S.A. Bhat, is the Chairman and Managing Director of the bank.

13 Oriental Bank of Commerce: Established on 19 February, 1943, in Lahore is now headquartered in New Delhi. Mr T Y Prabbhu is the Chairman & Managing Director of the bank. The bank has presently 1422 Branches across the country.

14 Punjab National Bank: Established in May 19, 1894 under the Indian Companies Act with its office in Lahore. Today, the Bank is the second largest government-owned commercial bank in India with about 5000 branches across 764 cities. It serves over 37 million customers. The bank has been ranked 248th biggest bank in the world by the Bankers Almanac, London. Mr K.R. Kamath is the Chairmen of Punjab National Bank.

15 Punjab and Sind Bank: Established in the year 1908. The bank was founded on the principle of social commitment to help the weaker section of the society in their economic endeavours to raise their standard of life. SARDAR G.S.VEDI is the CHAIRMAN & MANAGING DIRECTOR of the bank. The bank has more than 900 branches across the country.

16 Syndicate Bank:

17 UCO Bank:

18 Union Bank Of India:

19 United Bank Of India:

20 Vijaya Bank: