Hi, I can answer your question: How many nationalised bank in India? In India, as of 2025, there are 12 nationalised (public sector) banks. These are government-majority-owned banks that were nationalised in two phases 1969 and 1980 and later streamlined through mergers to enhance efficiency.
What is the List of Nationalised Bank in India?
The full list of the 12 nationalised banks is:
State Bank of India
Bank of Baroda
Punjab National Bank
Bank of India
Union Bank of India
Canara Bank
Bank of Maharashtra
Central Bank of India
Indian Overseas Bank
Indian Bank
UCO Bank
Punjab & Sind Bank.
This reduction occurred after government-initiated consolidations, such as merging Oriental Bank of Commerce and United Bank of India into Punjab National Bank, and Dena and Vijaya Bank into Bank of Baroda, among others cutting the total from 27 to 12 PSBs.
These are banks where more than 50% equity is held by the Government of India, ensuring government control. They are scheduled commercial banks regulated by the RBI.
To create stronger, financially robust banks with better operational scale and governance, streamlining the public sector banking framework.
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How Many Nationalised Bank In India?
shikha
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2025-06-17T15:09:22+00:00 2025-06-17T15:09:24+00:00Comment
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