The history of nationalised Banks in India dates back to the year 1955 when the Imperial Bank of India was nationalized and re-christened as State Bank of India (under the SBI Act, 1955). Later on July 19, 1960, the 7 subsidiaries of SBI (now merged into SBI) viz. State Bank of Hyderabad (SBH), State Bank of Indore, State Bank of Saurashtra (SBS), State Bank of Mysore (SBM), State Bank of Bikaner and Jaipur (SBBJ), State Bank of Patiala (SBP), and State Bank of Travancore (SBT) were also nationalized with deposits more than 200 crores.
Nationalised Banks in India Before Merger
There were 26 Nationalized Banks in India at before mega merger of banks. They were as follows:
(1) Allahabad Bank
(2) Andhra Bank
(3) Bank of Baroda
(4) Bank of India
(5) Bank of Maharashtra
(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
(1) State Bank of Bikaner & Jaipur
(2) State Bank of Hyderabad
(3) State Bank of India
(4) State Bank of Mysore
(5) State Bank of Patiala
(6) State Bank of Travancore
(7) State Bank of Indore has merged with SBI from August 26, 2010.
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Are only nationalised banks considered as "commercial banks"?
Commercial banks may be nationalised bank, non-nationalised bank or foreign bank. you may like to read more about it in another article with heading "Commercial Banks: Scheduled and Non-Scheduled".
what is the difference between nationalised and public sector banks?
Axis bank kon sa bank he
Private
You didnt mentioned the name of SBI….. and in the above list,their r total 27 nationalised banks…..!
no
Good post. how they diffrentite nationalised bank and non nationalised banks.
HDFC bank is not nationalized bank?
itna bh nh pta wefkuf sale mai apna num deti hu contect kr 9770999433
I think sbi is listed above, plz chck.
i think 26 .because
State Bank of Indore has merged with SBI from August 26, 2010.
IDBI BANK is not cm under nationalised banks…………………..
it is a semi govt bank……………
All nationalized banks are psb's but not vice-versa ..ex–SBI and IDBI banks
psb's have the govt share must have 51% but all nationalized banks in india are not psb's
EX: SBI, RBI, IDBI
THIS IS WRONG ONLY 19 BANKS ARE NATIONALIZED BANKS 26 BANKS ARE PUBLIC SECTOR BANKS.ALL NATIONALIZED BANKS ARE PUBLIC SECTOR BANKS BUT NOT ALL PSB'S ARE NOT NATIONALIZED BANKS
RIGHT
RIGHT natinalize bank is 19 natinal bank 26
IDBI BANK IS NOT GOVERNED BY RBI REGULATION ACT 1949 SO HOW IT BECOME NATIONALISED BANK ???
there r only 19 nationalised bank in india so dont confuse please its not good bcoz 1 1 number zaruri hota hiiiiiiiiii
idbi bank is included in the group of nationalised banks as mentioned in the website of RBI. the link is enclosed http://www.rbi.org.in/scripts/PublicationsView.as…
IDBI Limited has been included in the Second Schedule to the RBI Act, 1934, with effect from October 11, 2004. The Bank has been treated as Public Sector Bank. However, the Bank’s data has been included under the bank group, “Nationalised Banks”.
how can u say
19 nationalized BANK
no praful 26 nationalize bank is right
Bharatiya Mahila Bank….? It is also nationalised… total 27..
thanku very much for the information
thnx for ur information
thnx for information
There are 21 nationalised bank in our country…..
Don’t confuse my frnds .
Maine to 21nationalezd bank pda hai..
gaurav tm sahi kah rhe ho…
bal ki ki likha ase set kobat 26 kobat 21 kobat 19…kio confused korai asa be google :*
acording to 2016 there are 27 nationalised banks not26(bharatiya mahila bank)
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