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Public Sector Banks their Headquarters and Establishment Year

Public Sector Banks their Headquarters and Establishment Year

Public Sector Banks their Headquarters and Establishment Year

Public Sector Banks or Nationalised Banks of India are the banks whose more than 50% stake is with Government. There are 21 Nationalised Banks in India. These banks shares are listed to Stock Exchange. Allahabad Bank is the oldest Public Sector Bank of India. Allahabad Bank was established in 1865 by the group of Indian people at Allahabad.
Vijaya Bank is one of the Nationalised banks of India with its corporate office in Bangalore. Vijaya Bank was founded by Sri Attavara Balakrishna Shetty in 1931 at Mangaluru. Bank of Baroda has its headquarter in Vadodara, Gujarat and corporate office in Mumbai, Maharashtra. Ghanshyam Das Birla was the founder of UCO Bank(previously known as United Commercial Bank) and has its headquarter in Kolkata, West Bengal. Dena Bank was founded by the family of Devkaran Nanjee in 1938.

Allahabad Bank is the oldest Public Sector Bank of India. 

Name of Bank

Their Headquarter

Year of Establishment

Allahabad Bank Kolkata 1865
Punjab National bank New Delhi 1894
Bank of India Mumbai 1906
Canara bank Bangalore 1906
Corporation Bank Bangalore 1906
Indian Bank Chennai 1907
Bank of Baroda Vadodara 1908

“Canara Bank is one of the largest public sector bank in India. Canra Bank was established by Ammembal Subba Rao Pai in 1906.”

Punjab And Sindh Bank New Delhi 1908
The central bank of India Mumbai 1911
Union Bank of India Mumbai 1919
Andhra Bank Hyderabad 1923
Syndicate bank Manipal 1925
Vijaya bank Bangalore 1931
Bank of Maharashtra Pune 1935

Click here to know about Public Sector Banks of India and their Chairman’s Names:-

“Life Insurance Corporation of India holds 7.66% shares of the Andhra Bank.”

Indian Overseas bank Chennai 1937
Dena bank Mumbai 1938
Oriental bank of commerce New Delhi 1943
UCO bank Kolkata 1943
United Bank of India Kolkata 1950
State Bank Of India Mumbai 1955
IDBI bank Mumbai 1964

“Oriental Bank of Commerce is an Indian Public Sector Bank which was established in Lahore, Pakistan.”

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