Beruflich Dokumente
Kultur Dokumente
Jump to: navigation, search Public sector banks (PSBs) are banks where a majority stake (i.e. more than 50%) is held by a government. The shares of these banks are listed on stock exchanges. There are a total of 26 PSBs in India.
Contents
[hide]
y y y y y
1 List 2 Emergence of public sector banks 3 Public sector banks before the economic libralisation 4 Public sector banks after the reforms 5 References
[edit] List
y y y y y y y y y y y y y y y y y y y y y y y
Allahabad Bank Andhra Bank Bank of Baroda Bank of India Bank of Maharashtra Canara Bank Central Bank of India Corporation Bank Dena Bank IDBI Bank Ltd Indian Bank Indian Overseas Bank Oriental Bank of Commerce Punjab National Bank Punjab and Sind Bank State Bank of India Syndicate Bank UCO Bank Union Bank of India United Bank of India Vijaya Bank Tamil Nadu Mercantile Bank Limited Subsidiaries of State Bank of India: o State Bank of Bikaner and Jaipur o State Bank of Mysore o State Bank of Hyderabad
o o o
State Bank of Patiala State Bank of Travancore State Bank of Saurashtra and State Bank of Indore merged with SBI[1][2]
To break the ownership and control of banks by a few business families, To prevent the concentration of wealth and economic power, To mobilize savings from masses from all parts of the country, To cater to the needs of the priority sectors
[edit] References
1. ^ http://finmin.nic.in/the_ministry/dept_fin_services/banking/list%20of%20PSBs.pdf 2. ^ http://en.wikipedia.org/wiki/List_of_banks_in_India#Nationalized_banks_2
3. ^ "Nationalisation of Banks in India". India Finance and Investment Guide. Indiamart. http://finance.indiamart.com/investment_in_india/nationalisation_banks.html. Retrieved 31 October 2011. 4. ^ Banerjee, Abhijit V.; Cole, Shawn; Duflo, Esther (2004). "Banking Reform in India". India Policy Forum (1). http://econ-www.mit.edu/files/779. Retrieved 31 October 2011. 5. ^ a b "Chapter 3: Public sector banks: an overview and identification of weak banks". Reports. Reserve Bank of India. 4 October 1999. http://www.rbi.org.in/Scripts/PublicationReportDetails.aspx?UrlPage=&ID=60. Retrieved 31 October 2011.