Overview of Banking Sector in India
Overview of Banking Sector in India
Overview of Banking Sector in India
Banking system
• The banking system comprises the following
• institutions:
• 1. Commercial banks
• a. Public sector
• b. Private sector
• c. Foreign banks
• d. Cooperative institutions
• (i) Urban cooperative banks
• (ii) State cooperative banks
• (iii) Central cooperative banks
• State bank group (eight banks): This consists of
the State Bank of India (SBI) and Associate Banks
of SBI. The Reserve Bank of India (RBI) owns the
majority share of SBI and some Associate Banks
of SBI
• Nationalized banks (19 banks) :The state bank
group and nationalized banks are together
referred to as the public sector banks (PSBs).
• Regional Rural Banks (RRBs):
• Reserve Bank of India :RBI is the banker to
banks—whether commercial,
• cooperative, or rural.
List of 27 Public Sector Banks in India
1 Allahabad Bank
2 Andhra Bank
3 Bank of Baroda
4 Bank of India
5 Bank of Maharashtra
6 Canara Bank
7 Central Bank of India
8 Corporation Bank
9 Dena Bank
10 IDBI Bank Ltd.
11 Indian Bank
12 Indian Overseas Bank
13 Oriental Bank of Commerce
14 Punjab & Sind Bank
15 Punjab National Bank
16 Syndicate Bank
17 UCO Bank
18 Union Bank of India
19 United Bank of India
20 Vijaya Bank
State Bank Group
21 State Bank of Bikaner & Jaipur
22 State Bank of Hyderabad
23 State Bank of India
24 State Bank of Indore
25 State Bank of Mysore
26 State Bank of Patiala
27 State Bank of Travancore
List of 27 Public Sector Banks in India
1 Allahabad Bank
2 Andhra Bank
3 Bank of Baroda
4 Bank of India
5 Bank of Maharashtra
6 Canara Bank
7 Central Bank of India
8 Corporation Bank
9 Dena Bank
10 IDBI Bank Ltd.
11 Indian Bank
12 Indian Overseas Bank
13 Oriental Bank of Commerce
14 Punjab & Sind Bank
15 Punjab National Bank
16 Syndicate Bank
17 UCO Bank
18 Union Bank of India
19 United Bank of India
20 Vijaya Bank
State Bank Group
21 State Bank of Bikaner & Jaipur
22 State Bank of Hyderabad
23 State Bank of India
24 State Bank of Indore
25 State Bank of Mysore
26 State Bank of Patiala
27 State Bank of Travancore
Public Sector Banks
Bank of India
Bank of Baroda