List of Banks in India

On this page, we have listed all the nationalised banks in India, along with important dates.

 List of Banks in India
Bank NameHead QuarterEstablished
State Bank of India – Pure Banking nothing else, “With you – all the way”, and “A Bank of common man”Mumbai1955
 Allahabad Bank – “A tradition of trust”
Allahabad Bank is the oldest Joint Stock Bank of India.
 Kolkata1865
Andhra Bank – For all your needs
It is founded by freedom fighter Mr.B.P. Sitaramaya. The bank has more than 1632 branches
 Hyderabad1923
Bank of Baroda – India’s International Bank
BOB was founded by Maharaja of Baroda Sir Sayajrao Gaekwad – III. The bank has more than 3409 branches.
 Vadodara1908
Bank of India – “Rishton Ki Jamapunji” Mumbai1906
Bank of Maharashtra
It has the largest number of branches by any public sector financial institute in Maharashtra. The bank has more than 1375 branches in India.
 Pune1935
Canara Bank – “Together we can”Bangalore1906
Central Bank of India –  Mumbai1911
Corporation Bank – India’s Most Customer Friendly Bank Mangalore 1906
Indian Bank – Your tech. friendly bank Chennai1907
Indian Overseas Bank – Good people to grow with Chennai1937
Oriental Bank of Commerce – Where every individual is committed New Delhi1943
Punjab & Sind Bank – “Where service is way of life”
Founding fathers are Bhai Vir Singh, Sir Sunder Singh Majithia, Sardar Tarlochan Singh.
 New Delhi1908
Punjab National Bank – “The name you can bank upon”
It is an Indigenous bank of India and 2nd largest Comm. Bank of India
 New Delhi1894
Syndicate Bank – Faithful Friendly Manipal1925
UCO (United Commercial Bank) – “Trust and Excellence since 1904” Kolkata1943
Union Bank of India – “Good people to bank with”
Mahatma Gandhi inaugurated.
 Mumbai1919
United Bank of India – “The Bank That Begins With ‘U’”Kolkata
Vijaya Bank – “A friend you can bank upon” Bangalore1931
Reserve Bank of India
Head Quarter:Mumbai
Established 1935 by RBI Act 1934
Nationalised: 1949

Functions:
Formulates, implements and monitors the monetary policy, Regulates and supervise the financial system, Regulates and supervise the payment systems, Manages the Foreign Exchange, Issue Currency, Promotes national objectives, Short terms loans to Govt. under ways and means advances.

State Bank of India

SBI Slogans: Pure Banking nothing else, “With you – all the way”, and “A Bank of common man”.

Head Quarter:Mumbai
Established1921
Nationalised:1955 (Imperial Bank of India was converted into SBI)

It was the 1st Joint Stock Bank of British India. The Bank of Bengal, Bank of Bombay and Bank of Madras were amalgamated on 27th Jan 1921 to form Imperial Bank of India. It was converted into SBI in 1955.  More 7 subsidiary were added in the year 1959. The State Bank of Saurashtra was merged in 2008 and State Bank of Indore was merged in 2010. At present, the SBI is having 5 Associate Banks.  SBI is the 3rd largest employer in India after Coal India and TCS (among listed companies).
SBI are more than 43000 ATMs, 15143 Branches and 170 overseas branches in 34 nations.

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