List of Government Banks in India 2024: Which Is Best Public Bank?

• SBI having 23% of shares of the total market assets in India, Sate Bank of India is the largest public sector bank of India.
• SBI also holds 1/4th of the total loans and deposits in the current financial market.

• PNB has become the 2nd largest public sector bank in India with an overall business of around INR 8 Trillion.
• Punjab National Bank provides a wide range of amazing products to its customers.

• Union Bank of India has been a steady performer over the years.
• Andhra Bank and Corporation Bank merged into this bank, taking the overall business to INR 14.59 Trillion.

• Canara Bank has become the 4th largest PSU bank after the recent merger of Syndicate Bank into it.
• Canara Bank is one of the oldest public sector banks in India.

• Bank of Baroda known as India’s International Bank, has served over 127 million customers across 21 countries and its consumer base is only growing with each passing day.

• Bank of India has been serving its customers efficiently since founded in 1906 and has become a government-owned bank.

• Indian Bank is the 7th largest PSU bank in India.
• After the recent merger of Allahabad Bank into it, Indian Bank has grown into a stronger position.

• Central Bank has a wide network of branches across all 29 states and also in 6 out of 7 Union Territories in India.
• Central Bank of India was also the 1st commercial bank to be completely managed and owned by Indians.

• Indian Overseas Bank holds a pretty important place because of the impeccable banking product and trust it provides to its customers.
• Indian Overseas was founded in 1932 and had the primary goal of having specialization in Foreign Exchange Business in banking to take the institution across the world.

• Bank of Maharashtra is one of the finest public sector banks in India.
• As its Tagline suggests ‘One Family One Bank’, Bank of Maharashtra always had a tech-savvy and customer-centric focus over the years.

How many banks are government banks in India?

Ans: there are a total of 12 Government Banks In India And the Full Details of all Government Banks Are provided Above in the table.

Which banks are government banks in India?

Ans: These are all Public Sector banks in India

• State Bank of India
• Central Bank of India
• Bank of Baroda
• Punjab National Bank
• Canara Bank
• Union Bank of India
• Bank of Maharashtra
• Indian Overseas Bank
• Indian Bank
• UCO Bank
• Bank of India
• Punjab and Sind Bank.

Which are the 14 government banks in India Nationalised In 1969?

Ans: In 1969 These Banks were nationalised.

• Allahabad Bank
• Canara Bank
• United Bank of India
• UCO Bank
• Syndicate Bank
• Indian Overseas Bank
• Bank of Baroda
• Punjab National Bank
• Bank of India
• Bank of Maharashtra
• Central Bank of India
• Indian Bank
• Dena Bank
• Union Bank

Which is the No. 1 bank in India?

Ans: The State Bank of India Is the Number one Bank In India.

Which Indian banks will never go bankrupt Or Too Big To Fail?

Ans: According to the Reserve Bank of India (RBI), the three biggest banks in India—the public sector State Bank of India (SBI), the private sector HDFC Bank, and ICICI Bank Are Too Big to Fail. These Banks Are Not Easy To Fail or Bankrupt.