profile-img
Abhilasha G @Eduncle posted an Article
May 18, 2019 • 12:32 pm

Public Sector Banks: Establishment, Headquarters and Taglines

Public Sector Banks: Establishment, Headquarters and Taglines

 

 

Public Sector Banks (PSBs) are banks, where a majority stake (more than 50%) is held by a government. The shares of these banks are listed on stock exchanges.

 

There are 18 public sector banks in India. Along with these banks, there is one state-owned payments Bank present in India.

 

 

 

Want a career with Public Sector Banks? Grab the free video lectures to start your preparations. Download here!

 

 

Here, we are providing you the "Headquarters, Tagline and the Year of Establishment" of all Public Sector Banks in India.

 

 

Bank Name Held by Government (In %) Established Headquarter Tagline
Allahabad Bank 60 24th April 1865 Kolkata, West Bengal “A tradition of trust”
Andhra Bank 61 20th November 1923 Hyderabad, Telangana “Where India Banks”
Bank of Baroda 63.7 20th July 1908 Vadodara, Gujarat “India’s International Bank”
Bank of India 64.4 7th September 1906 Mumbai, Maharashtra “Relationships beyond banking”
Bank of Maharashtra 81.61 16th September 1935 Pune, Maharashtra “One Family one bank”
Canara Bank 64.5 1st July 1906  Mangalore, Karnataka “Together we can”
Central Bank of India 81.5 21st December 1911 Mumbai, Maharashtra “Central to you since 1911″
Corporation Bank 100 12th March 1906 Mangalore, Karnataka “A premier public-sector bank”
Indian Bank 81.51 15th August 1907 Chennai, Tamil Nadu “Your Tech friendly Bank”
Indian Overseas Bank 89.90 10th February 1937 Chennai, Tamil Nadu “Good people to grow with”
Oriental Bank of Commerce 77.23 19th February 1943 Gurgaon, Haryana “Where every individual is committed”
Punjab & Sind Bank 79.62 24th June 1908 New Delhi “Where service is a way of life”
Punjab National Bank 60 19th May 1894 New Delhi “The bank you can bank upon”
State Bank of India 59 2nd June 1806 Mumbai, Maharashtra “With you all the way”, “Pure banking Nothing else”,”The nation banks on us”
Syndicate Bank 66.17 1925 Bengaluru, Karnataka “Your Faithful And Friendly Financial Partner”
UCO Bank 84.23 6th January 1943 Kolkata, West Bengal “Honors your trust”
Union Bank of India 63.44 11th November 1919 Mumbai, Maharashtra “Good People to Bank with”
United Bank of India 85.91 1950 Kolkata, West Bengal “The Bank that begins with ‘U’”
India Post Payments Bank 100 1st September 2018 New Delhi “your bank is your gate”

 

 

 

Must Read:

 

 List of CEOs, MDs & Heads of Indian Banks 2019 [Updated]

Indian Banking & Financial System

Important banking terms - SBI, IBPS PO/ Clerk/ SO/ RRB Exam

 

 

For more information and study tips, follow our YouTube channel and like our Facebook page if you are interested in Daily Quiz and Amazing Facts related to banking.

 

Thank You 

 

 

Showing 2 comments out of 2
  • Rajesh Nimmana
    punjab national bank tagline 'The name u can bank upon'
  • Mayank Oli
    india post payment bank established in 1 september,2018