List of Government Banks in India
2020 (Download Excel & PDF)
Banking in India can be traced back to the Ancient India where the Vedas
Text has mention of a bank type system which is called “Usury”. In the
modern era, the banking was started in the colonial period with the
establishment of the Bank of Hindustan which was established in the year
1770. After the Independence, the banking sector was regulated by the
Reserve Bank of India which is the central authority regulating the banking
sector. By this time only State Bank of India was major government bank
and rest were the private-owned. To meet the need of the Indian economy,
the banks were nationalized in the year 1969 and 1980.
In the year 2019 RBI announced three major updates in the public sector bank, the
first being the merger of Dena Bank, Vijaya Bank into the Bank of Baroda. With the
merger of the two banks, Bank of Baroda has become the third largest Bank in
India. The other update is that the IDBI Bank is now a private sector bank as it is
acquired by the LIC of India this step was taken as the IDBI was a debt-ridden
asset which made the RBI categorize it as a Private Sector Bank. Third a major
announcement of merger of several public sector banks which will reduce
the PSU Banks count to 12. Check the merger details at then end of page.
What is Government Bank?
The Government Bank or the Public Sector Bank is the bank that is owned by
the Government or is the major shareholder of more than 51% on the bank.
It can be both the State Government and Central owned government bank.
For example India largest Public Sector Bank is State Bank of India with 52%
Government share.
List of Government Bank in India 2020
Following is the list of 18 Government banks in India:
1. ALLAHABAD BANK
2. ANDHRA BANK
3. BANK OF BARODA
4. BANK OF INDIA
5. BANK OF MAHARASHTRA
6. CANARA BANK
7. CENTRAL BANK OF INDIA
8. CORPORATION BANK
9. INDIAN BANK
10.
INDIAN OVERSEAS BANK
11.
ORIENTAL BANK OF COMMERCE
12.
PUNJAB AND SIND BANK
13.
PUNJAB NATIONAL BANK
14.
STATE BANK OF INDIA
15.
SYNDICATE BANK
16.
UCO BANK
17.
UNION BANK OF INDIA
18.
UNITED BANK OF INDIA
You may also check list of all Indian banks, from both private and public
sector. Lets have a look at each Public Sector bank individually.
Allahabad Bank
Allahabad bank is the oldest joint stock bank in India. The bank was founded
in 1865 in Allahabad. Allahabad Bank will merge with Indian Bank. The new
bank will become the seventh largest with Rs.8 lakh crore business.

Headquarters: Kolkata, India

Toll free: 18005722000

E-mail ID: customercare@allahabadbank.in

Official Website: allahabadbank.in

Branches: 3200+

Revenue: Rs.19,051 crore ($2.8 billion)

Capital Ratio: 8.69%
Andhra Bank
Andhra Bank can be described as a medium-sized. It was founded in 1923 in
Andhra Pradesh. The merge of Andhra Bank, Corporation Bank and Union
Bank of India will create India’s fifth largest Public Sector Bank with the total
Rs.14.6 lakh crore business. It will also become the fourth largest bank in
terms of the branch network.

Headquarters: Hyderabad, India

Toll free: 18004251515

E-mail ID: customerser@andhrabank.co.in

Official Website: andhrabank.in

Branches: 2800+

Revenue: Rs.18,027.42 crore ($2.6 billion)

Capital Ratio: 12.38%
Bank of Baroda
Bank of Baroda is an Indian multinational bank. It is third largest public
sector bank of the country established in 1908. Bank of Baroda will be
merged with Vijaya Bank and Dena Bank to create country’s third largest
lender with combined business of Rs. 14.82 lakh crore.

Headquarters: Gujarat, India

Toll Free: 1800 258 44 55, 1800 102 44 55

Official Website: bankofbaroda.com

Branches: 9500+

Revenue: Rs.50,305 crore ($7.3 billion)

Capital Ratio: 12.13%
Bank of India
Bank of India is the founder member of SWIFT (Society for Worldwide Inter
Bank Financial Telecommunications) and one of the top 5 banks in India.

Headquarters: Mumbai, India

Toll free: 1800 220 229, 1800 103 1906

E-mail ID: boi.customerservice@oberthur.com

Official Website: bankofindia.co.in

Branches: 5300+

Revenue: Rs.462.68 billion ($6.7 Billion)

Capital Ratio: 12.01%
Bank of Maharashtra
Bank of Maharashtra is a major public sector bank. Government of India has
87.74% share of this bank. It is founded in 1935.

Headquarters: Pune, India

Toll Free: 1800 233 4526, 1800 102 2636

E-mail ID: mahaconnect@mahabank.co.in

Official Website: bankofmaharashtra.in

Branches: 1800+

Revenue: Rs.13,052.98 crore ($1.9 billion)

Capital Ratio: 11.20%
Canara Bank
Canara Bank is one of the oldest public sector banks in India. The bank was
founded in 1906 by the name Canara Hindu Permanent Fund, but later
changed its name to Canara Bank Limited in 1910. Canara Bank will merge
with Syndicate Bank to become the fourth largest Public Sector Bank of the
country. Total business will skyrocket at Rs.15.2 lakh crore. It will also
become the third largest branch network of India.

Headquarters: Bangalore, India

Toll Free: 1800 425 0018

Official Website: canarabank.com

Branches: 6300+

Revenue: Rs.54,269 crore ($7.9 billion)

Capital Ratio: 12.86%
Central Bank of India
Central Bank of India was one of eighteen public sector banks which get
recapitalized in 2009. It is founded in 1911.

Headquarters: Mumbai, India

Toll Free: 1800 22 1911

E-mail ID: cbsnethelp@centralbank.co.in

Official Website: centralbankofindia.co.in

Branches: 4600+

Revenue: Rs.2,526.68 crore ($370 million)

Capital Ratio: 9.46%
Corporation Bank
Corporation Bank is operating at many places in India. It was founded in
1906.

Headquarters: Karnataka, Inida

Toll Free: 1800 425 3555

E-mail: ftscentre@corpbank.co.in

Official Website: corpbank.com

Branches: 2400+

Revenue: Rs.17,494.70 crore ($2.5 billion)

Capital Ratio:12.30%
Indian Bank
Indian Bank has overseas branches in Colombo and Singapore. It was
founded in 1907.

Headquarters: Chennai, India

Toll Free: 1800 425 00 000, 1800 425 4422

Official Website: indianbank.in

Branches: 2900

Revenues: Rs.21,689.67 crore ($3.1 billion)

Capital Ratio: 13.20%
Indian Overseas Bank
Indian Overseas Bank has 6 foreign branches and representative office. It
was founded in 1937.

Headquarters: Chennai, India

Toll Free: 18004254445

Official Website: iob.in

Branches: 3400

Revenue: Rs.23,517.29 crore ($3.4 billion)

Capital Ratio: 9.66%
Oriental Bank of Commerce
Oriental Bank of Commerce was founded in 1943, it is one of the public
sector banks of India.

Headquarters: Gurugram, India

Toll Free: 1800 102 1235, 1800 180 1235

Official Website: obcindia.co.in

Branches: 2300+

Revenue: Rs.17,867.69 crore ($2.6 billion)

Capital Ratio: 12.73%
Punjab and Sind Bank
Punjab and Sind Bank is emerging as a techno savvy public sector bank of
India. It was founded in 1908.

Headquarters: Rajendra Place New Delhi, India

Toll Free: 1800 419 8300

Official Website: psbindia.com

Branches: 1500+

Revenue: Rs.8,558.67 crore ($1.2 billion)

Capital Ratio: 11.25%
Punjab National Bank
Punjab National Bank is a banking and financial services bank owned by
Government of India. The bank was established in 1894. PNB bank will going
to be merged with OBC and United Bank. The new bank will become the
second largest Public Sector Bank of India with 18 Lakh crore rupees and
second largest in terms of branch network across the country.

Headquarters: New Delhi, India

Toll Free: 1800 180 2222, 1800 103 2222

E-mail ID: care@pnb.co.in

Official Website: pnbindia.in

Branches: 7000+

Revenue: Rs.589,887 crore ($85 billion)

Capital Ratio: 11.28%
State Bank of India
State Bank of India is the largest bank in India. SBI is ranked 236th in the
Fortune Global 500 list. The bank was founded in 1955.

Headquarters: Mumbai, India

Toll Free: 1800 11 2211, 1800 425 3800, 080-26599990

Official Website: sbi.co.in

Branches: 22000+

Revenue: Rs.2.79644 trillion ($40 billion)

Capital Ratio: 15.90%
Syndicate Bank
Syndicate Bank is one of the oldest and major commercial banks of India.
The bank was founded in 1925.

Headquarters: Karnataka, India

Toll Free: 1800 3011 3333, 1800 208 3333

E-mail ID: syndcare@syndicatebank.co.in

Official Websites: syndicatebank.in

Branches: 4000+

Revenue: Rs.6,913.09 crore ($1 billion)

Capital Ratio: 12.03%
UCO Bank
UCO Bank is one of the major government owned commercial bank of India.
It was founded in 1943.

Headquarters: Kolkata, India

Toll Free: 1800 274 0123

E-mail ID: uco.custcare@ucobank.co.in

Official Website: ucobank.com

Branches: 4000+

Revenue: Rs.18,560.97 crore ($2.7 billion)

Capital Ratio: 9.63%
Union Bank of India
Union Bank of India is one of the largest public sector banks in India.
Government holds 90% its share capital. The bank was founded in 1919.

Headquarters: Mumbai, India

Toll Free: 1800 22 22 44, 1800 208 2244

Official Website: unionbankofindia.co.in

Branches: 9600+

Revenue: Rs.32,198.80 crore ($4.7 billion)

Capital Ratio: 10.56%
United Bank of India
United Bank of India has three fully operational overseas branches. It is
currently aiming for expansion in international functions. Founded in 1950, it
is one of the major government owned bank.

Headquarters: Kolkata, India

Toll Free: 1800 345 0345, 1800 1033 470

Official Website: unitedbankofindia.com

Branches: 2000+

Revenue: Rs.10,945 crore ($1.6 billion)

Capital Ratio: 10.08%
Nationalized Banks in India History
Banking is one of the major sectors for a country as it is the deciding factor
of country performance in the Economic area. To meet the need of the
growing economic need Government of India nationalized bank which was
previously owned privately. Nationalization is the process of acquiring major
shares in the banks and converting it into the Government bank. The
following is the list of banks that were nationalized in India-
Nationalized bank in 1969

Allahabad Bank

Bank of Baroda

Bank of India

Bank of Maharashtra

Central Bank of India

Canara Bank

Dena Bank

Indian Bank

Indian Overseas Bank

Punjab National Bank

Syndicate Bank

UCO Bank

Union Bank of India

United Bank of India
Nationalized bank in 1980

Punjab and Sind Bank

Vijaya Bank

Oriental Bank of India

Corporate Bank

Andhra Bank

New Bank of India
Download Government Bank list in PDF and Excel
The above link provided can be used to download the List of Government
Banks in India 2020 in both Excel and PDF format. All banks listed in the PDF
and Excel format are Government owned bank and constitute of 18 Public
Sector Bank. These banks participate in the NEFT System and have different
IFSC Codes that enables the bank to transfer fund.
More Merger in the Row
Government has announced of merger of several public sector which will
decrease government banks count to 12. Union Finance Minister Nirmala
Sitharaman announced on 30th August 2019 of mergers of several public
sector banks. After merger following will be the picture:
1. State Bank of India
2. Punjab National Bank (With Merger of Oriental Bank of
Commerce and United Bank of India)
3. Bank of Baroda
4. Canara Bank (With Merger of Syndicate Bank)
5. Union Bank of India (With Merger of Andhra
Bank and Corporation Bank)
6. Bank of India
7. Indian Bank (With Merger of Allahabad Bank)
8. Central Bank of India
9. Indian Overseas Bank
10.
UCO Bank
11.
Bank of Maharashtra
12.
Punjab & Sindh Bank
Last Updated: January-2020
List of Banks in India - Public Banks and Private Banks
Last Update d: Au gust 26, 2019
Current Affairs PDF
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 system and
influence on national economies, banks are highly regulated in most
countries.
List of Banks in India :
1.
2.
3.
4.
5.
Public-sector banks
Private-sector banks
Foreign banks
Regional Rural Banks (RRBs)
Cooperative banks
Public-sector banks :
1. State Bank and its associates
2. Nationalised banks
State Bank and its associates
1.
2.
3.
4.
5.
6.
:
State Bank of India (SBI)
State Bank of Patiala (SBOP)
State Bank of Mysore (SBOM)
State Bank of Travancore (SBT)
State Bank of Bikaner and Jaipur (SBBJ)
State Bank of Hyderabad (SBH)
Nationalised banks
Allahabad Bank (ALB)
Andhra Bank (ANB)
Bank of Baroda (BOB)
Bank of India (BOI)
Bank of Maharashtra (BOM)
Canara Bank (CAN)
Central Bank of India (CBI)
Corporation Bank
Dena Bank (DEN)
Indian Bank (IND)
Indian Overseas Bank (IOB)
Year of
Nationalisation
1969
1980
1969
1969
1969
1969
1969
1980
1969
1969
1969
Oriental Bank of Commerce (OBC)
Punjab & Sind Bank (PSB)
Punjab National Bank (PNB)
Syndicate Bank
(SYN)
United Commercial Bank (UCB)
Union Bank of India (UBI)
United Bank of India (UBI)
Vijaya Bank
(VJP)
Other public sector banks
1980
1969
1969
1969
1969
1980
1969
1980
1. Industrial Development Bank of India (IDBI)
2. Bharatiya Mahila Bank (BMB)
Private-sector banks
Axis Bank (AXIS)
Bandhan Bank
Catholic Syrian Bank (CSB)
City Union Bank (CUB)
Dhanlaxmi Bank
Development Credit Bank (DCB)
Federal Bank
Housing Development Finance Corporation (HDFC)
Industrial Credit and Investment Corporation of India (ICICI)
Infrastructure Development Finance Company (IDFC)
Karnataka Bank
IndusInd Bank (INDUS)
International Netherlands Group and Vysya Bank
Jammu and Kashmir Bank
Karur Vysya Bank (KVB)
Kotak Mahindra Bank
Lakshmi Vilas Bank (LVB)
Nainital Bank
Ratnakar Bank Limited (RBL)
But Some Impotant bank Name with Tagline,Head Quarters listed
Bank Name
ABN AMRO
Allahabad Bank
Andhra Bank
Axis Bank
Bank of America
Bank of Baroda
Headquarters
Amsterdam,
Netherland
Kolkata
Hyderabad
Mumbai
Charlotte, USA
Vadodara
Tagline
Making more possible.
A Tradition of Trust.
Where India Banks.
Badhti Ka naam Zindagi.
Higher Standards.
India’s International Bank.
Bank of India
Bhartiya Mahila Bank
Bank of Maharashtra
BNP Paribas
Canara Bank
Central Bank of India
CITI Bank
Corporation Bank
Dhanlaxmi Bank
Dena Bank
Deutsche Bank
ECGC Bank
HDFC Bank
HSBC
ICICI Bank
IDBI Bank
Indian Bank
Indian Overseas Bank
J & K Bank
Karnataka Bank
Karur Vysya Bank
Kotak Mahindra Bank
Lakshmi Vilas Bank
Punjab National Bank
Punjab & Sind Bank
Oriental Bank of
Commerce
Mumbai
New Delhi
Pune
Paris
Bangalore
Mumbai
New York, USA
Mangalore
Thrissur, Kerala
Mumbai
Frankfurt, Germany
Mumbai
Mumbai
London
Mumbai
Mumbai
Chennai
Chennai
Srinagar, J&K
Mangalore
Karur, Tamil Nadu
Mumbai
Karur, Tamil Nadu
New Delhi
New Delhi
Relationship beyond banking.
Empowering Women.
One family one bank.
The Bank for the changing world.
Together We Can.
“Central To you Since 1911”.
The City never sleeps.
A Premier Public Sector Bank.
Tann. Mann. Dhan
Trusted Family Bank.
A Passion to perform.
You focus on exports. We cover the risks.
We understand your world.
The world’s local bank.
Hum Hai Na, Khyal Apka.
Banking For All, “Aao Sochein Bada”.
Your Tech- Friendly Bank.
Good people to grow with.
Serving to Empower.
Your Family Bank, Across India.
Smart Way to Bank.
Let’s Make Money Simple.
The changing face of prosperity.
The name you can bank upon.
Where service is a way of life.
New Delhi
Where every individual is committed.
SBI
Mumbai
South Indian Bank
Standard Chartered
Bank
State Bank of Bikaner
and Jaipur
State Bank of
Hyderabad
State Bank of Mysore
State Bank of Patiala
State Bank of
Travancore
Syndicate Bank
UCO Bank
Union Bank of India
United Bank of India
Thrissur, Kerala
With you all the way, Pure Banking Nothing
Else, The Nation’s banks on us.
Experience next generation banking.
London
Your Right Partner.
Jaipur
The Bank with a vision.
Hyderabad
You can always bank on us.
Bangalore
Patiala
Working for a better tomorrow.
Blending Modernity with Tradition.
Thiruvananthapuram A long Tradition of Trust.
Manipal(Karnataka)
Kolkata
Mumbai
Kolkata
Your Faithful And Friendly Financial Partner.
Honours Your Trust.
Good People to Bank with.
The Bank that begins with “U”.
Vijaya Bank
Yes Bank
Bangalore
Mumbai
A friend you can bank on.
Experience our Expertise.