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Public Sector Banks

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Public sector banks in India are financial institutions that are owned and operated by the government. These banks play a crucial role in the Indian banking system and contribute significantly to the country's economic development. Here are some of the major public sector banks in India:

State Bank of India (SBI): SBI is the largest public sector bank in India and offers a wide range of banking services and products across the country. It has a vast network of branches and ATMs.

Punjab National Bank (PNB): PNB is one of the oldest public sector banks in India and provides various banking services, including corporate banking, personal banking, and international banking.

Bank of Baroda (BOB): BOB is a prominent public sector bank that offers comprehensive banking services to individuals, businesses, and government entities. It has a strong presence across India.

Canara Bank: Canara Bank is known for its extensive branch network and offers a diverse range of banking products and services, including retail banking, corporate banking, and treasury operations.

Union Bank of India: Union Bank of India provides a wide range of banking and financial services to its customers. It has a significant presence in various states across India.

Indian Bank: Indian Bank is a public sector bank that focuses on providing banking services to individuals, small and medium enterprises (SMEs), and corporate clients. It operates through its branches and ATMs across the country.

Bank of India (BOI): BOI is a public sector bank that offers a wide range of banking services, including retail banking, corporate banking, and treasury operations. It has a strong presence in several states, including Karnataka.

Central Bank of India: Central Bank of India is one of the oldest public sector banks in India and provides various banking products and services, including loans, deposits, and digital banking solutions.

Directory of Public Sector Banks / Nationalised Banks in Karnataka State. The Karnataka Apex Bank, Vijaya Bank, UCO Bank, Andhra Bank, Bank of Baroda etc.

  • The Karnataka Apex Bank Ltd : The membership and share capital held by primary societies in Apex Bank was transferred to the respective District Cooperative Central Banks.
  • Bank of India, Karnataka : The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks.
  • Syndicate Bank : One of the leading Indian nationalised banks in India.
  • Vijaya Bank : Vijaya Bank has the highest number of branches in its home state Karnataka.
  • UCO Bank : Founded in 1943, UCO Bank is a commercial bank and a Government of India Undertaking.
  • Bank of Baroda, Bangalore : Bank of Baroda is the third largest Public Sector bank in India, after State Bank of India and Punjab National Bank.
  • Andhra Bank : Andhra Bank was founded by the eminent freedom fighter and a multifaceted genius, Dr.Bhogaraju Pattabhi Sitaramayya.
  • IDBI Bank Ltd : The Industrial Development Bank of India Limited commonly known by its acronym IDBI is one of India's leading public sector banks and 4th largest Bank in overall ratings.
  • State Bank of Mysore : State Bank of Mysore was established in the year 1913 as Bank of Mysore Ltd. under the patronage of the erstwhile Govt. of Mysore.
  • Union Bank of India : Union Bank is a Public Sector Unit with 55.43% Share Capital held by the Government of India.
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