What is a Public sector bank in India? Public Sector Banks in India in 2020 - Headquarters, Taglines, and CEOs. Steel Authority of India Limited, based in New Delhi, India, is an Indian state-owned steel making company. SYNDICATE BANK: Syndicate Bank, a Manipal based branch, comes at No 9 on this list of top 10 public sector banks in India. You can expect at least 1-2 questions from List of Private sector bank with their headquarters in any competitive exam. The following list is the latest list of public sector banks in India 2017 along with their headquarters and tagline. Bank Board Bureau is responsible for the selection and appointment of the Board of Directors in Public Sector Banks and Financial Institutions. Karur Vysya Bank: Tamil Nadu: 14. Recently, it has become the fourth-largest bank in the nation after its alliance with Syndicate bank. 1. Banks CEOs, Chairmans, Headquarters, and Taglines are often asked in different competitive exams having the Banking Syllabus. In this topics aspirants should have an idea about Banks and their Headquarters. Punjab National Bank: New Delhi: S. S. Mallikarjuna Rao: The Name you can Bank Upon: 2. Close . By admin - Dec 19 2017. Branches: 1800+. 3) The Banker To Every Indian. Commercial public sector banks' main objectives are customer satisfaction at the lowest cost by optimum utilization of the resources and maximization of . As many as 12 PSBs (Public Sector Banks) had reported frauds worth Rs 81,921.54 crore in the preceding fiscal 2020-21, the central bank said in response to . Public Sector Banks (PSBs) are banks, where a majority stake (more than 50%) is held by a government. Navi Mumbai. This study aims at analyzing the financial ratio analysis of different types of public sector banks. State Bank of India. Public Sector Bank. Bank of Baroda - Baroda. Andhra Bank: Hyderabad: Where India Banks. In India 20 banks were nationalized in 1969and 1980 respectively. - (Private Sector) 1. 3. Check here: List of Merger of Public Sector Banks in India. Headquarters: Pune, India. 2) Charges and Fees. All the banks which have 'Bank of India' at the end of their name have their headquarters in Mumbai. SBI Clerk; SBI PO; . Founded in 1925, this is a South India based bank. Dhanlaxmi Bank: Thrissur: 6. Allahabad Bank was established in 1865 by the group of Indian people at Allahabad. The big bureaucratic system at the management level. List of All Top PSU and Private Banks in India with their number of branches, ATMs and Headquarters shown here; . 5) With You All The Way. Taglines. The Reserve Bank of India has said that public sector banks reported over a 51 per cent fall in the amount involved in frauds to Rs 40,295.25 crore during the financial year 2021-22 (FY22). The bank has been paying ex-gratia each year to all employees for several years. Yes Bank Ltd. Thus, they lead the other banks in various new fields. 1. Andhra Bank. . Mumbai. Here we provide list of Public Sector Banks and their Heads, Headquarters with taglines. Bank Name: Headquarters: 1. This resulted in the bank making a huge loss of Rs 2897 crores in 2015-16. Apart from this amazing feat, the Central Bank of India was also the first commercial bank to be . Bank Name. S.no. . Financial Services covers the functioning of Banks, Financial Institutions, Insurance Companies and the National Pension System . Trick 6: Bank begins with "U" Capital is "Kolkata". Andhra Bank. As of now, the Dena Bank and Vijaya Bank has ceased their operations and has merged themselves with the Bank of Baroda with effect from April 1, 2019, making it the second-largest public sector . It was founded in 1908. Bank Name: Headquarters: Allahabad Bank Headquarter: Kolkata: Andhra Bank Headquarter: Hyderabad: Bank of Baroda Headquarter: Vadodara: Bank of India Headquarter: Mumbai: Bank of Maharashtra Headquarter: Pune: Bhartiya Mahila Bank (Merged with SBI) Headquarter: Delhi: Canara Bank Headquarter Bangalore: Central Bank of India Headquarter: Mumbai: Corporation Bank Headquarter Andhra Bank - Hyderabad (Capital City of Andhra) 2. MD/CEO/Head. 200 IBPS Mocks for just Rs. 1) A Bank Of The Common Man. 1. There are 12 government banks in India or Public sector banks. These are the banks whose more than 50% of shares are majorly owned by the government of India. Home; Exams. Allahabad Bank. Too many complaints against the employees for their poor service. It is founded in 1935. Bank of Baroda: Vadodara: India's International Bank. 1. Headquarter: Hyderabad Head/MD/CEO: J Packirisamy Tagline: Where India Banks Axis Bank View Public and Private Sector Banks(Mindmaps).pdf from BCOM 00001 at Alliance University. Small Finance Banks Their Headquarters and Heads Small finance banks are a type of niche banks in India. Refs Bank of Baroda: Vadodara, Gujarat: 63.97%: 8,310: 1908 12.03 trillion (US$160 . Andhra Bank: Hyderabad: Where India Banks. Other than 12 public sector banks India has around 22 private sector banks. List of Public Sector Banks and their Heads, Headquarters, Taglines. We are refer from previous IBPS/SBI and other bank exams, the questions in Banking Awareness consist of at least one or two from Nationalized Banks' Headquarters and it's Heads. Mumbai, Maharashtra. However, they gave ventured north as well in recent times. You can expect at least 1-2 questions from this topic. This Bank was established on July 1, 1906, and at that time, it was named Canara Hindu Permanent Fund Ltd. Later, in 1910, it changed its name to Canara Bank. Now RBI acts as the Central bank of our country. Toll Free: 1800 233 4526, 1800 102 2636. With YOU in focus: Suresh N Patel: 3: Bank of Baroda: Vadodara: India's International Bank: Ravi Venkatesan(Non-Executive) 4: Bank of India: Mumbai: Relationships beyond Banking: Melwyn O. Rego: 5: Bank of Maharashtra: Pune List Of Public Sector, RRBs, Private Sector & Foreign Banks With Headquarters. List of Public Sector Banks MD and CEO : S.No. Axis Bank: Mumbai: 2. Well, we got you cover up! Private Sectors Banks: . Tagline. SAIL, founded on 24 January 1974, has 68,742 employees. 1) Bade Desh Ka Bada Bank. List of Indian Nationalised Banks and their HQs, CEO. Andhra Bank (Hyderabad) Where India banks. Rajnish Kumar. Questions and Answers for exams like IBPS PO, IBPS Clerk, SBI PO, CWE, RBI, RRB etc. ; Khyal Apka: 4: Kotak Mahindra Bank Ltd. Mumbai: Lets make money simple: 5: Yes Bank Ltd. Mumbai: Experience our expertise: 6: Indusind Bank Ltd. Mumbai: We make you feel richer: 7: Federal Bank Ltd. Kochi, Kerala Allahabad Bank (You have to remember) Exceptions in this trick, Central Bank of India: Mumbai "Central To you Since . Punjab National Bank. With the new banking amalgamation, the number of public sector banks in 2017 is 27 and these are reduced to 12 and this will come into effect from April 2020. A Premier Public Sector Bank. Dhan: 16: Dena Bank Tagline: Trusted Family Bank. M. D. Mallya is the Chairman & Managing Director. Bank Of Baroda. Indian Bank Name. UPSC Success has several resources to help you such as Videos, list of institutes in India offers courses . The World Bank is an international financial institution that provides loans and grants to the governments of low-and middle-income countries for the purpose of pursuing capital projects. Headquarters: Kolkata. Detailed list of all Private and Public sector Banks in India: Allahabad Bank: Headquarter: Kolkata Head/MD/CEO: S.S Mallikarjuna Rao Tagline: A Tradition of Trust 2. A Tradition of Trust. Inability to a big financial decision quickly. Headquarters : Hyderabad. Bank Name: Headquarters: Tagline/Slogan: Chairman/Head: 1: Allahabad Bank: Kolkata: A tradition of trust: Rakesh Sethi: 2: Andhra Bank: Hyderabad: Much more to do. Download All Banks CEOs List 2018 PDF. Public Sector Banks List 2017 - Dear Aspirants, Banking Awareness is one of the most important section in bank exams. Public Sector Banks. There are 18 public sector banks in India. Ans. 4. Punjab National Bank. Punjab & Sind Bank. ; The Banks Board Bureau (BBB) has its genesis in the recommendations of 'The Committee to Review Governance of Boards of Banks in India, May 2014 (Chairman - P. J. Nayak)'. The government owns these banks. more than 50%) in the bank is held by government. 1. Mumbai. Before we move to the main topic, let's first boost our General Knowledge. 3. 1. 1. Below is the list of the top 10 banks in India in terms of market capitalisation for 2022. Punjab and Sind Bank: New Delhi: S Krishnan: Where Service Is A Way Of Life: Punjab National Bank: New Delhi: Atul Kumar Goel: A Name You Can Bank Upon: Ratnakar Bank or RBL Bank: Mumbai, Maharashtra: Mr R Subramaniakumar: Apno ka Bank: South Indian Bank: Thrissur, Kerala: Mr. Murali Ramakrishnan: Experience Next Generation Banking: State Bank of India: Mumbai Offer less customized service to the customers. Complete List of Public Sector Banks, RRBs, Private Sector Banks and Foreign Banks with Headquarters & Slogan/Tag Line !!! United Bank of India. Public Sector Banks in India in 2020 - Headquarters, Taglines, and CEOs. Karur Vysya Bank Founded : 1916 Headquarter : Karur, Tamil Nadu Current Head : K. Venkataraman (MD& CEO) Similarly, other major banks that have their headquarters in Tamil Nadu are - Box No. Name of the Bank Board of Directors Address ; 1 : Bank of Baroda: Details: Central Office, P.O. Private Sector Banks Headquarters Taglines; 1: Axis Bank Ltd. Mumbai: Badhti ka naam zindagi: 2: HDFC Bank Ltd. Mumbai: We understand your world: 3: ICICI Bank Ltd. Mumbai: Hum Hai na!! Bank of Hindustan is the first bank in our country. Where will be the headquarters of PNB bank? Macro stress tests indicate that the gross non-performing asset (GNPA) ratio of banks may increase from 7.48 per cent in March 2021 to 9.80 per cent by March 2022 under the baseline scenario and public sector banks' (PSBs') GNPA ratio of 9.54 per cent in March 2021 may edge up to . Given below is the list of public sector banks in India, after their merger: Sl.No. You can expect atleast 1-2 questions from List of Public sector bank with their headquarters in any competitive exam. City Union Bank: Tamil Nadu: 5. Bank of Maharashtra: Pune: One family one bank. These banks shares are listed to Stock Exchange. For fiscal year 2018-19, it is a public sector undertaking owned and operated by the Government of India with an annual revenue of INR 66,267 crore. Public Sector Banks and Their Headquarters in Tamil. Here are some disadvantages associated with public sector banks. 10046, 9th Floor, Baroda Corporate Centre, Bandra Kurla Complex, Bandra (East . Yes, Bank Limited is an Indian private sector bank headquartered in Mumbai, India, and was founded by Rana Kapoor and Ashok Kapur in 2004. Below is Tricks and List of public sector banks in India along with their headquarters, tagline, MD, CEO and Chairman. It offers a wide range of banking and financial products for corporate and retail customers through retail banking and asset management services. . ADVERTISEMENTS: They introduce new technology in the banking service. Bhartiya Mahila Bank: New Delhi: Empowering Women. Allahabad Bank. Headquarter. Banks with a small finance bank license can provide basic banking service of acceptance of deposits and lending. The correct answer is the Banks Board Bureau.. Bank Name: Headquarters: 1: Bank of Baroda (Merger with Dena Bank & Vijaya Bank) Vadodara: 2: Bank of India: Mumbai: 3: Bank of Maharashtra: Pune: 4: Government Banks. Bank Of Baroda (Baroda)) India's International Bank. Headquarters. . . Before you mug up the list let us first understand few important points about Public sector banks. Banks with their Headquarters, Taglines, & Name of Chairman. S.no. 4) The Nation Banks On Us. Definitely we can expect questions from this topic. IndusInd Bank: Mumbai: 11. Private banks generally charge higher interest rates as compared to public sector banks. Public Sector Banks & Private Sector Banks. Updated: 08 Sep 2021, 09:32 PM IST HT Brand Studio. Heads. Axis Bank mainly serves retail enterprises, SMEs, medium and large-scale businesses. Get your Special PDFs. Establishment : November 20, 1923. E-mail ID: mahaconnect@mahabank.co.in. 18: . It is founded in 1935. Corporation Bank is a public-sector banking company headquartered in Mangalore, India. updates and exam schedules and their results. Indian Bank: Chennai: Padmaja Chundru: Your Tech-friendly bank: 3. The government banks are not under the direct control of the government but the Government of India is the majority stakeholder in them i.e the GOI has more than 51% of the shares. Explore The List Of Public Sector Banks In India. Recently, it has become the fourth-largest bank in the nation after its alliance with Syndicate bank. Bank of India: Mumbai: Relationship beyond banking. India is home to 27 public sector banks, of which 21 are nationalised Banks and 6 belong to the state bank group. 2) Pure Banking Nothing Else. Trick 5: Bank Names itself having the Headquarters. It has . Public sector banks. The headquarters of the bank is situated in Mumbai and it employs around . Free Online GK tests . 2. The Central Bank of India, which originated in 1911, was the first Indian Commercial Bank . Bank of India Mumbai; Central Bank of India Mumbai; Industrial Development Bank of India Mumbai India has one of the highest banking NPA ratios in the world. Bank of Maharashtra: Pune: One family one bank. Name of the Bank Board of Directors Address ; 1 : Bank of Baroda: Details: Central Office, P.O. List of public sector banks in India along with their headquarters and tagline is an important Banking General Awareness topic for Bank PO, MBA and other government exams. IDFC Bank: Mumbai: 10. 1. List Of Public Sector Banks. The following are some of the advantages: 1) Interest Rates. 199. Kotak Mahindra Bank: Mumbai Bank of India: Mumbai: Relationship beyond banking. In India, currently has 27 public sector banks, out of which 21 are nationalized banks and 6 are State Bank of India and its associate banks.In 2011, IDBI was nationalized with 500 crore capital and then on 8th march 2014, Bharatiya Mahila Bank was nationalized with 500 crore capital. Top 10 Banks in India as per Market Capitalisation. Public sector banks. Public Banks & headquarters. In addition 45 foreign private sector banks are there, which support the Indian banking . Bank Name: Headquarters: Tagline/Slogan: 1: Catholic Syrian Bank: Thrissur: support all the way . Official Website: bankofmaharashtra.in. Corporation Bank: A premier public sector bank: Mangalore: 2. 5th Main, 6th Sector, HSR Layout, Bangalore 560102 support@oliveboard.in +91-7676022222 Banks Taglines And Headquarters Pdf 2021 For Sarkari Exam. Banking Awareness: Private Sector Banks in India List of private sector banks in India along with their headquarters and tagline is an important Banking General Awareness topic for Bank PO, MBA and other government exams. Memorize and prepare for Upcoming Bank & Government Exam. Banks. Jammu and Kashmir Bank: Srinagar: 12. July 20, 1908. State Bank of India (All he Associate Banks of SBI Merged into SBI on 1st April 2017) Tagline. 1. 15: Dhanlaxmi Bank Tagline: Tann. List of public sector banks in India along with their headquarters and tagline is an important Banking GA topic for SSC, Bank PO and other competitive exams. Banks. HDFC Bank: Mumbai: 8. Thus, the major stakeholder in PSB's is government. Mann. PUBLIC SECTOR BANKS Public sector banks are those banks that are owned by the government. Canara Bank: Bangalore Important Government and Public Sector Organisations of India PDF: Dear Readers, List of Indian Public Sector Companies & Headquarters were most important Static GK Topic for all competitive examination. Headquarters: Pune, India; Tagline: One Family One Bank; CEO: A. S. Rajeev; 12. Bank of Baroda: Vadodara: India's International Bank. Bhartiya Mahila Bank: New Delhi: Empowering Women. Allahabad Bank. All the bank who have a bank of India at the end of their name have their headquarters in Mumbai; Bank of India- Mumbai; The central bank of India-Mumbai; Industrial . Here is the list of the Indian banks along with their headquarters. Government-owned since nationalization in 1969, It is one of India's leading banks, with about 3101 branches . Bank of Maharastra - Pune (Famous City in Maharastra) 3. It is one of the oldest public sector banks with headquarters in Bangalore. With the new banking amalgamation, the number of public sector banks in 2017 is 27 and these are reduced to 12 and this will come into effect from April 2020. NSDL Payment Bank. State Bank of India. The shares of these banks are listed on stock exchanges. Public Sector Bank: Headquarter: CEO/MD: Tag Line: 1. The first consideration that comes into play when taking a loan is the bank's interest rate. State Bank of India. Check Here for Bank Headquarters and their Taglines PDF. Nov. 20, 1923. Headquarters. 4 Bank Of India: Established on 7 September 1906 is a bank with headquarters in Mumbai. Public Sector Banks (PSBs) There are 12 public sector banks as of 15 November 2021. The Government of India has 87.74% shares of this bank. it modified its name to Axis Bank. This bank is also an excellent paymaster amongst all private sector banks. This is a must read topic for a Bank aspirant as every year questions are asked from it in SBI PO, IBPS PO, IBPS Clerk, PGDBF and other banking and Insurance exams. Punjab and Sind Bank is emerging as a techno-savvy public sector bank of India. 2. Where will be the headquarters of PNB bank? Learn about all the private sector banks in India, their activities & functions. Financial Services covers the functioning of Banks, Financial Institutions, Insurance Companies and the National Pension System . State Bank of India: Mumbai: Dinesh Kumar Khara (Chairman) With you all the way, Pure Banking Nothing Else, The Nation's banks on us: 4. It is one of the oldest public sector banks with headquarters in Bangalore. It was established in the year 1770. Here are the top 10 public sector banks in India: State Bank of India. Public sector banks are those where majority of the stake (i.e. For all the public and private sector banks, there will be headquarters in any part of the country. 10 Public Sector Undertaking Banks (PSUs) were merged into 4 Banks on 1st April 2020 Punjab National Bank ( Merged with Oriental Bank Of Commerce and United Bank Of India) New Delhi. Box No. JIO Payment Bank. So, in order to keep you updated with all the general awareness, current affairs, today we are sharing the Important Government and Public . The Government of India has 87.74% shares of this bank. Anchor Bank Headquarters Government Shareholding Branches Established Total Assets Revenues (in million Rs.) Bank Name: Tagline(s) Headquarters: 1. This Bank was established on July 1, 1906, and at that time, it was named Canara Hindu Permanent Fund Ltd. Later, in 1910, it changed its name to Canara Bank. The first major changing in Indian banking system was in 1955 when the Indian government nationalises the Imperial . Indian Bank ( Merged with Allahabad Bank) Chennai. Social welfare is there main objective. and make the industries to achieve expertise in their respective fields by offering quality service and guidance. Tagline : Where India banks. Scheduled Public Sector Banks. Bank of Maharashtra is a major public sector bank. 2. 2. Recently Updated 2020 Download. Bank Of India (Mumbai) Important Points. SBI. Usha Ananthasubramanian. The public sector banks or PSBs are more commonly known as Government Banks. Learn and Practice banking awareness facts with easy notes, tests and quiz. An Easy approach to remember the Headquarters of Banks in India. The Reserve Bank of India (RBI) was formed in the year 1935, under the act, Reserve Bank of India Act, 1934. There are 21 Nationalised Banks in India. 17: Deutsche Bank Tagline: A Passion to perform. Punjab And Sind Bank: Where service is a way of life: New Delhi: 3. Their business is as important to the people and the economic stability of the country as the public sector banks. Establishment: April 24, 1865. 11. Sl No. Most exhaustive practice test of solved examples to prepare and crack banking awareness section. 12 Government Owned Banks in India 2021. Headquarters : Vadodara 738.96 KB 5318 Downloads. The bank has a pan-Indian presence. Shri Dinesh Kumar Khara. India Post Payment Bank (Converted to Small Finance Bank) New Delhi. Tagline: A Tradition of Trust. Bank Name: Headquarters: Tagline/Slogan: Chairman/Head: 1: Allahabad Bank: Kolkata: A tradition of trust: Rakesh Sethi: 2: Andhra Bank: These banks are registered and have their headquarters in a foreign country but operate their branches in our country. Kolkata. 7. Canara Bank: Bangalore: Together We Can. 4 min read . Download the List of Public & Private Banks [PDF] - Their Headquarters , Taglines, & Chairpersons. The private sector banks are always trying to innovate new products avenues (new schemes, services, etc.) 3. There are 12 public sector banks as of 2022, but earlier, there are 27 banks that have now been merged. 3 Bank Of Baroda: Started in 1908 this bank now has 3123 branches across the country.Shri. Central Bank of India: Mumbai "Central To you Since . Examples of public sector banks are State Bank of India, Corporation Bank, Bank of Baroda and Dena Bank, etc. Catholic Syrian Bank: Thrissur: 4. Chairman/CEO. Aditya Birla idea Payment Bank. Public And Private Sector Banks (Mind maps) 1|Page Banks with Headquarters, CMDs & Taglines (Updated as on Its headquarters are located in the country's financial capital (Mumbai). The Indian banks in this Static GK PDF are divided into Public Sector Banks, Private Sector Banks, Small Finance Banks and Payment Banks. 2. The aim behind these to provide financial inclusion to sections of the economy not being served by other banks, such as small business units, small and marginal [] If you look at Previous solved papers of SBI . The merger of bank will be effective from April 1, 2020. 2) The Name You Can Bank Upon. PRIVATE SECTOR BANKS These banks are those banks that are owned and run by private sector. b. Union Bank of India: Good People to Bank with: Mumbai: 4. CEO / CMD / Head. Bank of Maharashtra. After the merger there are 12 public Sector banks from 27 in India. Hyderabad. Public Sector Banks: Establishment, Headquarters and Taglines. SSC CHSL, UPSC (civil services) and other exams covering CEOs of all Public Sector and Private Sector Banks in India. It is an important Banking General Awareness topic for Banking, Insurance and other government exams. Andhra Bank. 1. Karnataka Bank: Mangalore: 13. 09. Public Sector Banks, their headquarters, establishments, functions, objectives, CEO etc. This public sector bank has a wide network of branches across all the 29 states and also in 6 out of 7 Union territories in India. UCO Bank. Allahabad Bank is the oldest Public Sector Bank of India. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD), International Finance Corporation and International Development Association (IDA), three of five . 10046, 9th Floor, Baroda Corporate Centre, Bandra Kurla Complex, Bandra (East . Bank of Maharashtra is a major public sector bank. Headquarters. Federal Bank: Kerala: 7. Some of the foreign banks operating in our country are Hong Kong and Shanghai Banking . The public has enormous faith in public sector banks because of their dedicated services. ICICI Bank: Mumbai: 9. List of Public & Private Banks [PDF] - Taglines, Headquarters & Chairpersons . Public banks have several advantages over private banks. Bandhan Bank: Kolkata: 3. 3. Canara Bank: Bangalore: Together We Can.