Top public sector banks in india

The Imperial Bank of India (IBI) was the oldest and the largest commercial bank of the Indian subcontinent, The Government of India nationalised the Imperial Bank of India in 1955 with the Reserve Bank of India taking a 60% stake and was subsequently transformed into State Bank of India

The State bank of India is 29th most reputable company in the world according to Forbes.

The Subsidiaries of SBI till date

* State Bank of Indore
* State Bank of Bikaner & Jaipur
* State Bank of Hyderabad
* State Bank of Mysore
* State Bank of Patiala
* State Bank of Travancore

Punjab National Bank (PNB), was registered on May 19, 1894 under the Indian Companies Act.

The Bank is the second largest government-owned commercial bank in India

Punjab National Bank was ranked 1243 in the Forbes Global 2000

Maharajah of Baroda Sir Sayajirao Gaekwad III founded the bank in 1908
Bank of Baroda is the third largest Public Sector bank in India
nationalised by the Government of India in 1969

Industrial Development Bank of India Limited
IDBI stands as the 4th largest Bank in india
it was established in 1964 by an Act of Parliament to provide credit and other facilities for the development of the fledgling Indian industry.
Some of the institutions built by IDBI are The NSE, NSDL, SHCIL
It is currently the tenth largest development bank in the world

Bank of India (BoI) was established in 1906, Government-owned since nationalization in 1969,
BoI is a founder member of Society for Worldwide Inter Bank Financial Telecommunications

Union Bank Of India was inaugurated by Mahatma Gandhi.
The Bank started its operations in 1920
UBI was ranked 1350 on forbes 2000 list

Corporation Bank was founded in 1906
India’s Best Public Sector Bank as rated by KPMG
India’s Strongest and Asia’s Second Strongest as per the Asian Banker

Canara Bank was established in 1906
The Government of India nationalised Canara Bank in 1969.
Canara Bank was ranked at 1299 in the Forbes Global 2000

Oriental Bank of Commerce was established in 1943
OBC was nationalized in 1980.

Andhra Bank was registered in 1923
Received 'BEST BANK AWARD' a banking technology award by IDRBT

Indian Overseas Bank was established in 1937
The Government of India nationalized IOB in 1967
in 2000, IOB engaged in an initial public offering (IPO) that brought the government's share in the bank's equity down to 75%.

Syndicate Bank was established in 1925
SB was nationalised by Government of India in 1967

Uco Bank was established in 1943
Uco was formerly United Commercial Bank
The Government of India nationalized UCO in 1967

Vijaya Bank was founded in 1931
The bank became a scheduled bank in 1958
The bank was nationalised in 1980.

Allahabad Bank began operations in 1865
the Government of India nationalized Allahabad Bank in 1969
in 2002, the bank came out with Initial Public Offer (IPO), which reduced the Government's shareholding to 71%.

Bank of Maharashtra was Registered in1935
the Government of India nationalized BoM in 1969
The Bank has the largest network of branches by any Public sector bank in the state of Maharashtra.

Dena Bank Ltd. when it was incorporated as a Public Company in 1939.
Dena Bank was nationalised in 1969 along with 13 other banks in India.

Indian Bank was established in 1907 and was nationalised in 1969. it has its head quarters in Chennai

United Bank of India was the result of the merger in 1950 of four Bengali banks
in 1969, the Government of India nationalized UBI