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This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
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.
[11] [12] The majority of ... Post merger, Punjab National Bank has become the second largest public sector bank in India [58] Canara Bank. On 30 August 2019, ...
The Department of Public Enterprises (DPE), Ministry of Finance is the nodal department for all the Central Public Sector Undertakings (CPSUs). As of October 2021, there are 13 Maharatnas, 14 Navratnas and 72 Miniratnas (divided into Category 1 and Category 2).
Pages in category "Public Sector Banks in India" The following 13 pages are in this category, out of 13 total. This list may not reflect recent changes. *
The following table lists the 100 largest bank holding companies in the United States ranked by total assets of September 30, 2024 per the Federal Financial Institutions Examination Council, along with the market capitalization of public banks.
It is a public sector bank and the largest bank in India [12] with a 23% market share by assets and a 25% share of the total loan and deposits market. [13] It is also the tenth largest employer in India with nearly 250,000 employees. [14] [15] [16] In 2024, the company’s seat in Forbes Global 2000 was 55. [17]
A public bank is a bank, a financial ... that policymakers can create public-sector banks to reduce the costs of ... making commercial loans that exceed 12.25% of ...