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
Year of Establishment
|Punjab National bank||New Delhi||1894|
|Bank of India||Mumbai||1906|
|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|
|Bank of Maharashtra||Pune||1935|
“Life Insurance Corporation of India holds 7.66% shares of the Andhra Bank.”
|Indian Overseas bank||Chennai||1937|
|Oriental bank of commerce||New Delhi||1943|
|United Bank of India||Kolkata||1950|
|State Bank Of India||Mumbai||1955|
“Oriental Bank of Commerce is an Indian Public Sector Bank which was established in Lahore, Pakistan.”