2023 2024 EduVark > Education Discussion > Banks Related


  #2  
October 16th, 2019, 08:30 AM
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Re: Name of PSU bank in India

Can you list me the names of Public Sector Banks (PSBs) in India as I only want to invest in a Government shareholding Bank, please help me with this?
  #3  
October 16th, 2019, 08:30 AM
Super Moderator
 
Join Date: Mar 2012
Re: Name of PSU bank in India

Public Sector Banks (PSBs) are a major type of bank in India, where a majority stake (i.e. more than 50%) is held by a government. There are a total of 12 Public Sector Banks alongside 1 state-owned Payments Bank in India.


Public Sector Banks (Government Shareholding %, as of 1st April, 2019)

Bank of Baroda (63.74%)
Bank of India (87.0535%)
Bank of Maharashtra (87.01%)
Central Bank of India (88.02%)
Indian Overseas Bank (91%)
Punjab & Sind Bank (79.62%)
State Bank of India (61.00%)
UCO Bank (93.29%)
Canara Bank (72.55%)
Indian Bank (81.73%)
Punjab National Bank (70.22%)
Union Bank of India (67.43%)


Payments Bank (PB)
India Post Payments Bank (IPPB) (100%)


Private-Sector Banks

Axis Bank
Bandhan Bank
Catholic Syrian Bank
City Union Bank
DCB Bank
Dhanlaxmi Bank
Federal Bank
HDFC Bank
ICICI Bank
IDBI Bank
IDFC First Bank
IndusInd Bank
Jammu & Kashmir Bank
Karnataka Bank
Karur Vysya Bank
Kotak Mahindra Bank
Lakshmi Vilas Bank
Nainital Bank
RBL Bank
South Indian Bank
Tamilnad Mercantile Bank Limited
Yes Bank


Local Area Banks
Coastal Local Area Bank Limited
Krishna Bhima Samruddhi Local Area Bank Limited
Subhadra Local Area Bank Limited


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