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Saturday, 8 March 2014

PSC Examination Expected Questions - 149

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Nationalised Banks in India
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The first Nationalisation of banks took place on 19th July 1969 during the tenure of Prime Minister Indiara Gandhi. 14 Banks were nationalised on that time.The second nationalisation took place in 15th April 1980 and six banks were nationalised. Total 14+6 = 20. But in 1993, the New Bank of India was merged with the Punjab National Bank. So at present there are 19 Nationalised banks besides Reserve Bank of India and State Bank of India and its five subsidiaries (State Bank of Bikaner and Jaipur,  State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiyala and State Bank of Travancore) . State Bank of Saurashtra Merge with SBI in 2008 and State Bank of Indore in 2009



  1. Allahabad Bank
  2. Andra 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. Indian Bank
  11. Indian Overseas Bank
  12. Oriental Bank of Commerce
  13. Punjab and Sind Bank
  14. Punjab National Bank
  15. Syndicate Bank
  16. Uco Bank
  17. Union Bank of India
  18. United Bank of India
  19. Vijaya Bank


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