Currently, public sector banks are an important part of India’s financial infrastructure. These banks are mainly owned by the Government of India and play an important role in implementing various economic and social welfare schemes. By 2025, there are a total of 12 nationalized banks across the country, each of which actively contributes to India’s financial inclusion and economic development. These banks are regulated by the Reserve Bank of India (RBI), which is the central authority overseeing the Indian banking system.
List of 12 nationalized banks in India 2025
For candidates preparing for upcoming bank examinations, it is important to stay updated with the latest list of nationalized banks along with their headquarters and tagline. In the section below, we have provided a full and updated list of 12 nationalized banks in India by 2025, including their official headquarters and tagline to help candidates with effective examination preparation.
| Bank name | Bank headquarters | Installation of bank |
| state Bank of India | Mumbai and Maharashtra | 1955 |
| Punjab national bank | New Delhi | 1894 |
| Bank of Baroda | Vadodara gujrat | 1908 |
| Bank of india | Mumbai and Maharashtra | 1906 |
| Bank of Maharashtra | Pune and Maharashtra | 1935 |
| Union bank of india | Mumbai and Maharashtra | 1919 |
| Canra bank | Bengaluru and Karnataka | 1906 |
| Indian bank | Mumbai and Maharashtra | 1911 |
| Indian bank | Chennai and Tamil Nadu | 1907 |
| Indian Overseas Bank | Chennai and Tamil Nadu | 1937 |
| Punjab and banks are | New Delhi | 1908 |
| Uco bank | Kolkata and West Bengal | 1943 |
Nationalized bank in India
Nationalized banks in India refer to banks that were taken by the Government of India to ensure better control over credit distribution and promote financial inclusion. These banks play an important role in supporting the country’s economic development by providing banking services in both urban and rural areas. By 2025, there are 12 nationalized banks in India, and they play an important role in implementing government schemes, offering loans to priority areas and promoting inclusive growth across the country.
Why was banks nationalized?
Nationalization is contrary to privatization. Nationalization is a process by which the government takes private property and brings them into public ownership. The nationalization of banks was implemented under the 1970 Banking Company Act. The ordinance came into force on 19 July 1969 to reduce social control over banks to achieve a better banking system for economic development needs.
About nationalized bank in India
Now we look at the details of all 12 public sector banks in India.
state Bank of India
SBI is the largest commercial bank in the country and has a history of 200 years. SBI is the largest in terms of property, deposit, profit, branches, customers and employees etc. The Government of India holds more than 50% stake in SBI.
Punjab national bank
The bank was established to help the Indians. PNB is the first indigenous bank, starting its operation from Lahore on April 12, 1895 and had an authorized capital of Rs 2 lakh and working capital of Rs 20,000. It has now been merged with Oriental Bank of Commerce and United Bank of India.
Indian bank
The Indian bank was established on 15 August 1907 with the Swadeshi Movement. It has the presence of India with 9786 touch points which includes 2872 domestic branches, 3892 ATMs/BNAS and 3022 BCS, with Allahabad Bank merger.
Canra bank
Established as ‘Canara Bank Hindu Permanent Fund’ in 1906, by a philanthropist Mr. Amable Sabba Rao Pai, a philanthropist, this small seed blossomed in a limited company as ‘Canara Bank Limited’. In 1910 and after nationalization, he became Canara Bank in 1969. Now, with the merger of Syndicate Bank.
Indian Overseas Bank
The bank was established by Shree on 10 February 1937. MTMM Chidambaram Chetty, leading in many fields. The bank was established by them with the main objective of expertise in foreign exchange business in banking to take banks worldwide.
Uco bank
Established in 1943, UCO Bank is an advertising bank and the government of Republic’s effort. Its Board of Administrators include the Government of India and State Representatives of India’s Depository Financial Institutions, as eminent professionals such as Accountant, Management Advisor, Economist, Businessman, etc.
Bank of Maharashtra
Maharashtra has been a progressive region, besides banking activity was also introduced in this area. Traditionally, the Bank of Mumbai, established in 1840, was a primary depository financial institution in a geographical area.
Punjab and banks are
It was in the year 1908 when a humble idea for the upliftment of the poor of the poor in the birth of Punjab and Sindh Bank with a distant vision of publishers like Bhai Veer Singh, Sir Sundar Singh Majita and Sardar Tarlochan Singh. The bank was established on the principle of social commitment to help the weaker sections of the society to increase their standard of living in their economic efforts.
Bank of india
Bank of India was based on 7 September 1906 by a group of eminent traders from Bombay. The bank was publicly occupied and management until July 1969, once thirteen different banks were nationalized. Starting with a workplace in Bombay, with a payment of Rs 50 hundred thousand and a payment of fifty workers, the bank has played in a powerful establishment with a growing and a strong national appearance and large -scale international operations for years.
Indian bank
Established in 1911, India’s financial organization was Primary Indian Bank which was organized and managed by Indians with full closeness. Sir Sir Sorabji Pokhkhanwala, the founder father of the bank’s organization, was the last word of the dream. Sir Ferozesh Mehta was the primary president of a very ‘Swadeshi Bank’.
Union bank of india
The bank was established on 11 November 1919, now the bank works through more than 4200 branches across the country. It has been merged with Andhra Bank and Corporation Bank in 2021. The basic values ​​of prudent management of the bank without ignoring opportunities are reflected in the fact that the bank has shown uninterrupted benefits during all 96 years of its operation.
Bank of Baroda
Bank of Baroda is an Indian state -owned international banking and money services company headed by Vadodara (earlier as Baroda) in Gujarat in India. The bank was supported by Rajkumar Sayajiro Gekewad III on the twenty Gregorian calendar month 1908 by Rajkumar, Baroda.
Some important facts related to nationalized banks
- State Bank of India is a nationalized bank and the largest bank in India.
- PNB is India’s second largest government -owned bank, in terms of its commercial versions and its network.
- SBI is the 49th largest bank in the world by total assets and Fortune Global is ranked 221st in 500 list, the only Indian bank in the list.
- Union Bank of India, Bank inaugurated in 1919 by Mahatma Gandhi.
- India’s central bank is the first commercial Indian bank to be fully owned and managed by Indians.
- Bank of Maharashtra is a nationalized bank, the largest network of branches of any nationalized bank in the state of Maharashtra.
- Bank of India was the first bank to open a branch outside India (London) in 1946.
