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List of updated 12 Government banks
in India after mega merger
1. State Bank of India
2. Punjab National Bank (With Merger of Oriental Bank of Commerce
and United Bank of India)
3. Bank of Baroda
4. Canara Bank (With Merger of Syndicate Bank)
5. Union Bank of India (With Merger of Andhra Bank and Corporation
Bank)
6. Bank of India
7. Indian Bank (With Merger of Allahabad Bank)
8. Central Bank of India
9. Indian Overseas Bank
10. UCO Bank
11. Bank of Maharashtra
12. Punjab & Sindh Bank
State Bank of India
• State Bank of India is the largest bank in India. SBI is
ranked 236th in the Fortune Global 500 list. The bank
was founded in 1955.
• Headquarters: Mumbai, India
• Toll Free: 1800 11 2211, 1800 425 3800, 080-26599990
• Official Website: sbi.co.in
• Branches: 22000+
• Revenue: Rs.2.79644 trillion ($40 billion)
• Capital Ratio: 15.90%
Punjab National Bank
• Punjab National Bank is a banking and financial services bank
owned by Government of India. The bank was established in 1894.
PNB bank will going to be merged with OBC and United Bank. The
new bank will become the second largest Public Sector Bank of
India with 18 Lakh crore rupees and second largest in terms of
branch network across the country.
• Headquarters: New Delhi, India
• Toll Free: 1800 180 2222, 1800 103 2222
• E-mail ID: care@pnb.co.in
• Official Website: pnbindia.in
• Branches: 7000+
• Revenue: Rs.589,887 crore ($85 billion)
• Capital Ratio: 11.28%
Bank of Baroda
• Bank of Baroda is an Indian multinational bank. It is third
largest public sector bank of the country established in
1908. Bank of Baroda will be merged with Vijaya Bank and
Dena Bank to create country’s third largest lender with
combined business of Rs. 14.82 lakh crore.
• Headquarters: Gujarat, India
• Toll Free: 1800 258 44 55, 1800 102 44 55
• Official Website: bankofbaroda.com
• Branches: 9500+
• Revenue: Rs.50,305 crore ($7.3 billion)
• Capital Ratio: 12.13%
Canara Bank
• Canara Bank is one of the oldest public sector banks in India. The
bank was founded in 1906 by the name Canara Hindu Permanent
Fund, but later changed its name to Canara Bank Limited in 1910.
Canara Bank will merge with Syndicate Bank to become the fourth
largest Public Sector Bank of the country. Total business will
skyrocket at Rs.15.2 lakh crore. It will also become the third largest
branch network of India.
• Headquarters: Bangalore, India
• Toll Free: 1800 425 0018
• Official Website: canarabank.com
• Branches: 6300+
• Revenue: Rs.54,269 crore ($7.9 billion)
• Capital Ratio: 12.86%
Union Bank of India
• Union Bank of India is one of the largest public
sector banks in India. Government holds 90% its
share capital. The bank was founded in 1919.
• Headquarters: Mumbai, India
• Toll Free: 1800 22 22 44, 1800 208 2244
• Official Website: unionbankofindia.co.in
• Branches: 9600+
• Revenue: Rs.32,198.80 crore ($4.7 billion)
• Capital Ratio: 10.56%
Bank of India
• Bank of India is the founder member of SWIFT (Society for
Worldwide Inter Bank Financial Telecommunications) and
one of the top 5 banks in India.
• Headquarters: Mumbai, India
• Toll free: 1800 220 229, 1800 103 1906
• E-mail ID: boi.customerservice@oberthur.com
• Official Website: bankofindia.co.in
• Branches: 5300+
• Revenue: Rs.462.68 billion ($6.7 Billion)
• Capital Ratio: 12.01%
Indian Bank
• Indian Bank has overseas branches in Colombo
and Singapore. It was founded in 1907.
• Headquarters: Chennai, India
• Toll Free: 1800 425 00 000, 1800 425 4422
• Official Website: indianbank.in
• Branches: 2900
• Revenues: Rs.21,689.67 crore ($3.1 billion)
• Capital Ratio: 13.20%
Central Bank of India
• Central Bank of India was one of eighteen public sector
banks which get recapitalized in 2009. It is founded in
1911.
• Headquarters: Mumbai, India
• Toll Free: 1800 22 1911
• E-mail ID: cbsnethelp@centralbank.co.in
• Official Website: centralbankofindia.co.in
• Branches: 4600+
• Revenue: Rs.2,526.68 crore ($370 million)
• Capital Ratio: 9.46%
Indian Overseas Bank
• Indian Overseas Bank has 6 foreign branches and
a representative office. It was founded in 1937.
• Headquarters: Chennai, India
• Toll Free: 18004254445
• Official Website: iob.in
• Branches: 3400
• Revenue: Rs.23,517.29 crore ($3.4 billion)
• Capital Ratio: 9.66%
UCO Bank
• UCO Bank is one of the major government owned
commercial bank of India. It was founded in 1943.
• Headquarters: Kolkata, India
• Toll Free: 1800 274 0123
• E-mail ID: uco.custcare@ucobank.co.in
• Official Website: ucobank.com
• Branches: 4000+
• Revenue: Rs.18,560.97 crore ($2.7 billion)
• Capital Ratio: 9.63%
Bank of Maharashtra
• Bank of Maharashtra is a major public sector bank.
Government of India has 87.74% share of this bank. It
is founded in 1935.
• Headquarters: Pune, India
• Toll Free: 1800 233 4526, 1800 102 2636
• E-mail ID: mahaconnect@mahabank.co.in
• Official Website: bankofmaharashtra.in
• Branches: 1800+
• Revenue: Rs.13,052.98 crore ($1.9 billion)
• Capital Ratio: 11.20%
Punjab and Sind Bank
• Punjab and Sind Bank is emerging as a techno
savvy public sector bank of India. It was founded
in 1908.
• Headquarters: Rajendra Place New Delhi, India
• Toll Free: 1800 419 8300
• Official Website: psbindia.com
• Branches: 1500+
• Revenue: Rs.8,558.67 crore ($1.2 billion)
• Capital Ratio: 11.25%
Public Sector Banks in India-2020

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Public Sector Banks in India-2020

  • 1.
  • 2. List of updated 12 Government banks in India after mega merger 1. State Bank of India 2. Punjab National Bank (With Merger of Oriental Bank of Commerce and United Bank of India) 3. Bank of Baroda 4. Canara Bank (With Merger of Syndicate Bank) 5. Union Bank of India (With Merger of Andhra Bank and Corporation Bank) 6. Bank of India 7. Indian Bank (With Merger of Allahabad Bank) 8. Central Bank of India 9. Indian Overseas Bank 10. UCO Bank 11. Bank of Maharashtra 12. Punjab & Sindh Bank
  • 3. State Bank of India • State Bank of India is the largest bank in India. SBI is ranked 236th in the Fortune Global 500 list. The bank was founded in 1955. • Headquarters: Mumbai, India • Toll Free: 1800 11 2211, 1800 425 3800, 080-26599990 • Official Website: sbi.co.in • Branches: 22000+ • Revenue: Rs.2.79644 trillion ($40 billion) • Capital Ratio: 15.90%
  • 4. Punjab National Bank • Punjab National Bank is a banking and financial services bank owned by Government of India. The bank was established in 1894. PNB bank will going to be merged with OBC and United Bank. The new bank will become the second largest Public Sector Bank of India with 18 Lakh crore rupees and second largest in terms of branch network across the country. • Headquarters: New Delhi, India • Toll Free: 1800 180 2222, 1800 103 2222 • E-mail ID: care@pnb.co.in • Official Website: pnbindia.in • Branches: 7000+ • Revenue: Rs.589,887 crore ($85 billion) • Capital Ratio: 11.28%
  • 5. Bank of Baroda • Bank of Baroda is an Indian multinational bank. It is third largest public sector bank of the country established in 1908. Bank of Baroda will be merged with Vijaya Bank and Dena Bank to create country’s third largest lender with combined business of Rs. 14.82 lakh crore. • Headquarters: Gujarat, India • Toll Free: 1800 258 44 55, 1800 102 44 55 • Official Website: bankofbaroda.com • Branches: 9500+ • Revenue: Rs.50,305 crore ($7.3 billion) • Capital Ratio: 12.13%
  • 6. Canara Bank • Canara Bank is one of the oldest public sector banks in India. The bank was founded in 1906 by the name Canara Hindu Permanent Fund, but later changed its name to Canara Bank Limited in 1910. Canara Bank will merge with Syndicate Bank to become the fourth largest Public Sector Bank of the country. Total business will skyrocket at Rs.15.2 lakh crore. It will also become the third largest branch network of India. • Headquarters: Bangalore, India • Toll Free: 1800 425 0018 • Official Website: canarabank.com • Branches: 6300+ • Revenue: Rs.54,269 crore ($7.9 billion) • Capital Ratio: 12.86%
  • 7. Union Bank of India • Union Bank of India is one of the largest public sector banks in India. Government holds 90% its share capital. The bank was founded in 1919. • Headquarters: Mumbai, India • Toll Free: 1800 22 22 44, 1800 208 2244 • Official Website: unionbankofindia.co.in • Branches: 9600+ • Revenue: Rs.32,198.80 crore ($4.7 billion) • Capital Ratio: 10.56%
  • 8. Bank of India • Bank of India is the founder member of SWIFT (Society for Worldwide Inter Bank Financial Telecommunications) and one of the top 5 banks in India. • Headquarters: Mumbai, India • Toll free: 1800 220 229, 1800 103 1906 • E-mail ID: boi.customerservice@oberthur.com • Official Website: bankofindia.co.in • Branches: 5300+ • Revenue: Rs.462.68 billion ($6.7 Billion) • Capital Ratio: 12.01%
  • 9. Indian Bank • Indian Bank has overseas branches in Colombo and Singapore. It was founded in 1907. • Headquarters: Chennai, India • Toll Free: 1800 425 00 000, 1800 425 4422 • Official Website: indianbank.in • Branches: 2900 • Revenues: Rs.21,689.67 crore ($3.1 billion) • Capital Ratio: 13.20%
  • 10. Central Bank of India • Central Bank of India was one of eighteen public sector banks which get recapitalized in 2009. It is founded in 1911. • Headquarters: Mumbai, India • Toll Free: 1800 22 1911 • E-mail ID: cbsnethelp@centralbank.co.in • Official Website: centralbankofindia.co.in • Branches: 4600+ • Revenue: Rs.2,526.68 crore ($370 million) • Capital Ratio: 9.46%
  • 11. Indian Overseas Bank • Indian Overseas Bank has 6 foreign branches and a representative office. It was founded in 1937. • Headquarters: Chennai, India • Toll Free: 18004254445 • Official Website: iob.in • Branches: 3400 • Revenue: Rs.23,517.29 crore ($3.4 billion) • Capital Ratio: 9.66%
  • 12. UCO Bank • UCO Bank is one of the major government owned commercial bank of India. It was founded in 1943. • Headquarters: Kolkata, India • Toll Free: 1800 274 0123 • E-mail ID: uco.custcare@ucobank.co.in • Official Website: ucobank.com • Branches: 4000+ • Revenue: Rs.18,560.97 crore ($2.7 billion) • Capital Ratio: 9.63%
  • 13. Bank of Maharashtra • Bank of Maharashtra is a major public sector bank. Government of India has 87.74% share of this bank. It is founded in 1935. • Headquarters: Pune, India • Toll Free: 1800 233 4526, 1800 102 2636 • E-mail ID: mahaconnect@mahabank.co.in • Official Website: bankofmaharashtra.in • Branches: 1800+ • Revenue: Rs.13,052.98 crore ($1.9 billion) • Capital Ratio: 11.20%
  • 14. Punjab and Sind Bank • Punjab and Sind Bank is emerging as a techno savvy public sector bank of India. It was founded in 1908. • Headquarters: Rajendra Place New Delhi, India • Toll Free: 1800 419 8300 • Official Website: psbindia.com • Branches: 1500+ • Revenue: Rs.8,558.67 crore ($1.2 billion) • Capital Ratio: 11.25%