Top 10 Public Sector Banks in India

If you are searching for the Best Public Sector banks in India, the list is here. here you’ll be able to find the best information about bank’s Public sector Bank in India. If you are studying for the preparation exams or bank exams, this post will be the most helpful piece of information for you to read.

Public Sector Bank in India

Public sector banks have a major share by the government, that means major stake of it owned by the government. So public sector bank also said as government banks or national banks. In Indian banking sector, these banks have a stronghold and a larger impact on the economy of the country.

Public sector banks have the major share by the government, that means major stake of it owned by the government. So public sector bank also said as government banks or national banks. In Indian banking sector, these banks have the stronghold and a larger impact on the economy of a country. Indian banking sector history starts with the year 1770, The first bank was started.

During this period so many changes in the country and presently more than 100 banks are giving financial services to customers. In public sector bank major ownership by the government. The government aims to maximise the geographical footprint as much as possible, on the Transparency of currency and merging of banking to maximise the serving billions. India is large banking sector, there are 27 nationalized banks in India which provide excellent and prompt services to customers.

Interested in; You can also find top popular nationalised banks and private sector banks in India listed on the links given below.

Top 10 Public Sector Bank in India 2017

 

10. Indian Overseas Bank Top 10 Public Sector Banks in India

The bank was founded back in 1937. Indian Overseas bank listed 10th in the list of top 10 public sector bank in India. The bank has about 3700 domestic branches, counting with 1150 branches in Tamil Nadu and has 3300 ATMs in all across the India.

The bank also serves in overseas countries like countries like Singapore, Colombo, Hong Kong, Seoul, and Bangkok with. The net assets of the last financial year ending as of 31st March were recorded as 274,436.76 crores.

The bank is also one of the largest nationalized banks in India and was nationalized 1969 with 13 other banks. Read more about the bank at IOB Bank.Check Indian Overseas bank balance By dialling No.

Indian Overseas Bank Facts & Figure

Established 10 February 1937
Founder M. Ct. M. Chidambaram Chettyar
Headquarters Chennai, Tamil Nadu, India
Revenue 23,517.29 crore
Operating income 2,885 crore
Net income 2,897.33 crore
Total Assets 274,436.76 crore
Owner Government of India
Number of employees 31,846
Capital ratio 9.66%
  1. Union Bank of India

Union Bank of IndiaUnion Bank of India is listed 9th, is another fastest growing public sector bank, which was incorporated in the year 1919. It won the award of Express Uptime Champion Award 2014. The Bank has approximately more than 4200 branches and about 7000 ATMs all across the India.

 

Know you union bank balance by dialling toll free no to check your Union bank balance inquiry.

 

Union Bank of India in the financial year profit of more than 1,351 Crore. The bank is also ranked on the 5th number on the list of Top 10 Nationalised bank of India. And the bank was nationalized back in 1969 with 13 other banks.

 

The bank also has many overseas offices, financial centers and representative offices branches in Abu Dhabi, Sydney, UAE, Hong Kong and Shanghai. They first started with the opening of representative offices branches in Abu Dhabi, UAE, and Shanghai back in 2007. And then they opened the financial center in Sydney on 2009. Read More about the bank at Union Bank of India.

Union Bank of India Facts & Figures

Established 11 November 1919
Headquarters Mumbai, Maharashtra, India.
Revenue INR 32,198.80 crore
Operating income INR 5,722 crore
Net income INR 1,351.60 crore
Total assets INR 404,695.90 crore
Owner Government of India
Number of employees 35,514
Capital ratio 10.56%
  1. Indian Bank

Indian Bank Next in the list is Indian Bank is ranked 8th in top 10 public sector bank. This bank was established back in 1907. It’s Headquartered in Chennai, and also has overseas branches in Colombo and Singapore and owns two subsidiaries. S. Rm. M. Ramaswami Chettiar, V. Krishnaswamy Iyer, and Annamalai Chettiar are named as the founder of the bank. The Bank was instituted as a part of the Swadeshi movement on 15th August.

Its easy to check Indian bank balance by toll free no Of Indian Bank.

 

The bank has currently is been operating over 2594 Branches in India. The net profit of the last financial year ended as to March, was more than 711 crores. It has more than 2594 branches. The bank is also one of the top nationalized banks by the government of India. The bank was nationalized back in 1969 with 13 other banks. Read more at Indian Bank Official Website.

Indian Bank Facts & Figures

Established 15 August 1907
Headquarters Chennai, India
Revenue INR 16,243.78 crore
Operating income INR 3,032 crore
Net income INR 711.38 crore
Total assets INR 203,941.09 crore
Owner Government of India
Number of employees 20,924
Capital ratio 13.20 %
  1. Bank of India

bank of India Bank of India is listed 7th, is leading public sector bank. The bank was nationalized by the Indian Government back in 1969 and is also one of the largest nationalized banks in India. It was founded in 1906 and is Headquartered in Mumbai, Bank of India is a swiftly growing bank. It has more than 4,828 branches in India and all these branches are controlled by 54 zonal offices. www.bankofindia.com

Check Bank Of India Bank balance by dialling toll free bank of India balance check no.

Bank of India Facts & Figures

Founded 7 September 1906
Headquarters Mumbai, Maharashtra, India
Revenue INR 41,796.47 crore
Operating income INR 6,036 crore
Net income INR 6,089.22 crore
Total assets INR 609,913.93 crore
Owner Government of India
Number of employees 45,613
Capital ratio 12.01%
  1. Canara Bank

Canara Bank Now the next in the list is Canara Bank, It is ranked number 6th in top 10 public sector bank and is another leading public sector bank of the country. It was founded in the year 1906, Headquartered in Bangalore. Canara Bank has more than 5,000 branches in India and 7 overseas branches are in London, Hong Kong, Moscow, Shanghai, Doha, Bahrain, South Africa, Dubai, Tanzania and New York. www.canarabank.com

You can find your canara bank balance inquiry and statement by dialling canara bank balance inquiry no.

Canara Bank Facts & Figures

Established 1906 as Canara Bank Hindu Permanent Fund
Headquarters Bangalore, Karnataka, India
Revenue INR 48,942 crore
Operating income INR 8,914 crore
Net income INR 1,122 crore
Total assets INR 552,960.78 crore
Owner Government of India
Number of employees 53,508
Capital ratio 12.86%
  1. IDBI Bank

IDBI Bank is next in the list of top 10 Public Sector Bank, is ranked 5th. which was founded in the year 1964, and it’s Headquartered in Mumbai, It has 1995 branches, including one overseas branch at Dubai, and 1382 centers. www.idbi.com

Know your IDBI balance inquiry no by tall free no of IDBI Bank

IDBI Bank

IDBI Bank Facts & Figures

Predecessor IDBI
Founded 1 July 1964, 52 years ago
Headquarters Mumbai, Maharashtra, India
Revenue INR 28,043.10 crore
Operating income INR 5,370 crore
Net income INR 3,664.80 crore
Total assets INR 374,372.12 crore
Number of employees 17,570
Capital ratio 11.76%
  1. Central Bank of India

Central bank of India
Central Bank is 4th in top 10 t public sector bank, which was established in the year 1911 and among the leading banks in India. It’s Headquartered in Mumbai. It has more than 4,000 branches in the country. It has the overseas office at Nairobi, Hong Kong and a joint venture with Bank of India, Bank of Baroda, and the Zambian government, also branches in Singapore, Dubai, Doha, and London. www.centralbankofindia.co.in

It is easy to check your bank balance by calling toll free balance inquiry no of central bank of India balance check no.

Central Bank of India Facts & Figures

Established 21 December 1911
Headquarters Mumbai, Maharashtra, India
Revenue INR 25,887.89 crore
Operating income INR 2,643 crore
Net income INR 1,418.19 crore
Total assets INR 305,466.09 crore
Number of employees 37,685
Capital ratio 10.41%
  1. Punjab National Bank

Punjab national bank Next in the list is Punjab National Bank and is ranked 3rd in our list.Which founded in 1894. This bank has a more than 6,000 branches in the country and 5 overseas branches. It Headquartered in New Delhi. Winner of Golden Peacock Award, Punjab National Bank perform Corporate Social Responsibility by organizing blood donation camps, medical camps, and tree plantation.

You can check your pnb balance inquiry no Here.

International branches of Punjab National Bank are in the UK, Hong Kong, Kowloon, Dubai, Kabul, Almaty (Kazakhstan), Shanghai (China), Oslo (Norway), and Sydney (Australia). In Bhutan, it owns 51% of Druk PNB Bank, which has five branches. In Nepal, PNB owns 20% of Everest Bank Limited, which has 50 branches. Lastly, PNB owns 84% of JSC (SB) PNB Bank in Kazakhstan, which has four branches. www.pnbindia.in

Punjab National Bank Facts & Figures

Established 19 May 1894
Founder Lala Lajpat Rai
Headquarters New Delhi, India
Revenue INR 47,424.35 crore
Operating income INR 12,216 crore
Net income INR -3,974.39 crore
Total assets INR 667,390.45 crore
Owner Government of India
Number of employees 70,801
Capital ratio 11.28%
  1. Bank of Baroda

Bank of Baroda Bank of Baroda leading bank with the second rank in the list of Top 10 Public Sector Banks in India. It is established in the year 1908 by the Maharaja of Baroda, Maharaja Sayajirao Gaekwad III in the Princely State of Baroda, in Gujarat.The company headquartered in Vadodara in Gujarat and has a corporate office in Mumbai. Bank of Baroda has 5538 branches and offices in 25 countries in the world.

Bank won the award for Excellence in Banking (PSU Sector) Award. Bank has overseas branches in New York, London, Dubai, Hong Kong, Brussels, Singapore, Botswana, Guyana, Kenya, Tanzania, and Uganda. and as well as  Bahrain, South Africa, Kuwait, Mozambique, and Qatar, and is establishing offices in Canada, New Zealand, Sri Lanka, Bahrain, Saudi Arabia and Russia. It also has plans to extend its existing operations in the United Kingdom, the United Arab Emirates, and Botswana. www.bankofbaroda.com 

Know also Bank of Baroda Bank balance inquiry toll free no.

Bank of Baroda Facts & Figures

Established 20 July 1908
Headquarters Vadodara, Gujarat, India.
Number of locations 5481 branch banks
Area served Worldwide
Revenue INR 42,199.92 crore
Operating income INR 10,975.07 crore
Net income INR 1,383.14 crore
Total assets INR 694,875.42 crore
Owner Government of India
Number of employees 52,420
Capital ratio 13.17%

Friends up to here you will know about Top ten to second number bank in List Top 10 Public Sector Bank, Now the time to know about first in the list and is  State Bank of India.

  1. State Bank of India

SBI

State Bank of India is leading Public sector Bank in the country, Is stand on top of the list, is a number One in the list of Top 10 Public Sector Bank Of India and we say the king of all public sector banks in India, leads this front. The Bank is established in the year 1955, State Bank of India presently has more than 13,000 branches in the country and have 190 overseas offices in the world. If you want to check state bank of India Bank banlance by miss call no then click here to check sbi balance check miss call no.

 

Headquartered in Bank in Mumbai, State Bank of India is the first bank to install ATM in Dras, a town located in Jammu and Kashmir. State Bank of India is known for technologically most advanced products and recently, SBI has launched SBIinTouch cards, which allow users to make payments by simply waving or touching card near contactless readers. These cards use Near Field Communication Technology, in which card establish communication with contactless reader present in its proximity. It Market Capitalization: Rs 196,320 Crore bank.sbi

State Bank of India (SBI) Facts & Figures

Founded 2 June 1806 as Bank of Calcutta
Headquarters Mumbai, Maharashtra, India
Area served Worldwide
Revenue INR 298,640.45 crore
Operating income INR 50,847.90 crore
Profit INR 10,484.10 crore
Total assets INR 2,705,966.30 crore
Total equity INR 144,274.65 crore
Owner Government of India (100%)
Number of employees 209,567
Capital ratio 13.12%

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