What are the name of public sectors bank in India?

Answer 1

A public sector bank (in India) is one that is owned by the Government of India. The following are the list of Public Sector Banks in India

• Allahabad Bank

• Andhra Bank

• Bank of Baroda

• Bank of India

• Bank of Maharastra

• Canara Bank

• Central Bank of India

• Corporation Bank

• Dena Bank

• IDBI Bank

• Indian Bank

• Indian Overseas Bank

• Oriental Bank of Commerce

• Punjab & Sind Bank

• Punjab National Bank

• Syndicate Bank

• UCO Bank

• Union Bank of India

• United Bank of India

• Vijaya Bank

List of State Bank of India and its subsidiary, a Public Sector Banks

• State Bank of India

  • State Bank of Bikaner & Jaipur

  • State Bank of Hyderabad

  • State Bank of Indore

  • State Bank of Mysore

  • State Bank of Saurastra

  • State Bank of Travancore

Answer 2

Yes, it is . GoI shares are 63 % in SBI. It is established under THE STATE BANK OF INDIA ACT, 1955. The Central Government needs an amendment to this Act if want to reduce the stake to less than 51%.

You can see the related link for details of its PSU and its classification.

Answer 3

Yes. Allahabad Bank is one of the largest public sector banks in India and was established way back in 1865. They have over 2000 branches in India and have their headquarters in Kolkata, India.

Answer 4

yes... all nationalised banks belongs to public sector banks...

Answer 5

Sbi is governed under SBI act ,it cannot be said as Nationalised Bank

Answer 6

NO