There are 27 public sector banks in India, which differ in their size. Of these, there are total 19 nationalised banks in India, while 8 State. My guess is that between 12 July and 15 July , and who was to later become the chairman of the State Bank of India (SBI). 2, Nationalised Banks, , , , , 3, Other Public Sector Banks, 15, 49, 30, 18, 1, State Bank of India, , , , ,
Difference between state bank of india and nationalised bank -
Bhattacharya received an extension of two years of service to merge into SBI the five remaining associate banks. The government integrated these banks into the State Bank of India system to expand its rural outreach. He said the proposal to privatise two PSBs and one insurance firm is the beginning of the privatisation process and it could bring in many more banks eventually. Union Bank of India This bank was made after the merger of two banks that is Bank of Calcutta and the Bank of Bombay. They have the largest network of branches in Maharashtra and have more than 15 million customers globally.