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The share of the bank sector held by the public banks continued to grow through the 1980s, and by 1991 public sector banks accounted for 90% of the banking sector. A year later, in March, 1992, the combined total of branches held by public sector banks was 60,646 across India, and deposits accounted for ₹1,10,000 crore.
Public Sector Banks (PSBs) There are 12 public sector banks in India as of 3 September 2024. [3] Anchor bank Established Headquarters Government shareholding Branches ...
A public bank is a bank, a financial institution, in which a state, municipality, or public actors are the owners.It is an enterprise under government control. [1] Prominent among current public banking models are the Bank of North Dakota, the Sparkassen-Finanzgruppe in Germany, and many nations' postal bank systems.
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra.It is the 48th largest bank in the world by total assets and ranked 178th in the Fortune Global 500 list of the world's biggest corporations of 2024, being the only Indian bank on the list. [11]
In the bank group-wise classification, IDBI Bank Ltd. is included in the category of other public sector bank. Growth of Banking in India of Scheduled Commercial Banks [ 68 ] Indicators
Pages in category "Public Sector Banks in India" The following 13 pages are in this category, out of 13 total. ... Punjab National Bank; S. State Bank of India; U.
Bank of Baroda (BOB or BoB) is an Indian government Public sector bank headquartered in Vadodara, Gujarat. It is the second largest public sector bank in India after State Bank of India . Based on 2023 data, it is ranked 586 on the Forbes Global 2000 list.
Although some banks joined the public sector in 1970, the IBA's operations remained unchanged. Today, its members encompass a diverse range, including Public Sector Banks , Private Sector Banks, Foreign Banks, Urban Co-operative Banks, Asset Reconstruction Companies, Credit Rating Companies, Credit Guarantee Funds, Financial Services Companies ...