National Banks in India 2025 – India’s banking sector has seen significant evolution over the years, with public sector banks (PSBs) playing a crucial role in financial stability, economic growth, and financial inclusion. As of 2025, India has 12 nationalized public sector banks, all of which are majority-owned by the Government of India.
This article provides an in-depth look at the full list of public and government banks in India (2025), along with their features, roles, and impact on the economy. Additionally, we explore the recent mergers, digital banking trends, and the challenges faced by PSBs in 2025.
National Banks in India 2025
| Aspect | Details |
|---|---|
| Total Number of Public Sector Banks (2025) | 12 |
| Largest Public Sector Bank | State Bank of India (SBI) |
| Headquarters of RBI | Mumbai, Maharashtra |
| Ownership | Majority Government-owned |
| Recent Mergers | Consolidation of weaker banks into stronger institutions |
| Key Digital Initiatives | AI-driven banking, blockchain integration, UPI expansion |
| Challenges Faced | Rising NPAs, cyber security threats, digital transformation |
| Official RBI Website | RBI.org.in |
Public sector banks continue to play a vital role in India’s financial ecosystem, ensuring economic growth, financial stability, and widespread access to banking services. Whether you’re an individual looking for a safe place to save money, an entrepreneur seeking business loans, or an investor exploring banking trends, these 12 nationalized banks offer a robust framework for your financial needs.
What Are Public Sector Banks?
Public Sector Banks (PSBs) are banks where the Government of India holds more than 50% stake, ensuring greater transparency, reliability, and financial security. They primarily focus on:
- Providing banking services to rural and urban populations.
- Promoting financial inclusion through various schemes.
- Offering low-interest loans to support businesses and individuals.
Full List of Nationalized Banks in India (2025)
Here’s a comprehensive list of all 12 nationalized banks in India:
1. State Bank of India (SBI)
- Headquarters: Mumbai, Maharashtra
- Founded: 1955
- Key Services: Retail banking, corporate banking, asset management, digital banking
- Website: sbi.co.in
2. Punjab National Bank (PNB)
- Headquarters: New Delhi
- Founded: 1894
- Key Services: Housing loans, education loans, MSME loans
- Website: pnbindia.in
3. Bank of Baroda (BoB)
- Headquarters: Vadodara, Gujarat
- Founded: 1908
- Key Services: Personal banking, corporate finance, international banking
- Website: bankofbaroda.in
4. Canara Bank
- Headquarters: Bengaluru, Karnataka
- Founded: 1906
- Key Services: Investment banking, retail loans, SME lending
- Website: canarabank.com
5. Bank of India (BoI)
- Headquarters: Mumbai, Maharashtra
- Founded: 1906
- Key Services: Retail banking, insurance, wealth management
- Website: bankofindia.co.in
6. Union Bank of India
- Headquarters: Mumbai, Maharashtra
- Founded: 1919
- Key Services: Personal banking, trade finance, forex services
- Website: unionbankofindia.co.in
7. Indian Bank
- Headquarters: Chennai, Tamil Nadu
- Founded: 1907
- Key Services: Agricultural banking, education loans, NRI banking
- Website: indianbank.in
8. Central Bank of India
- Headquarters: Mumbai, Maharashtra
- Founded: 1911
- Key Services: Digital banking, business loans, savings accounts
- Website: centralbankofindia.co.in
9. Indian Overseas Bank (IOB)
- Headquarters: Chennai, Tamil Nadu
- Founded: 1937
- Key Services: Forex banking, retail loans, international banking
- Website: iob.in
10. UCO Bank
- Headquarters: Kolkata, West Bengal
- Founded: 1943
- Key Services: SME banking, export financing, personal loans
- Website: ucobank.com
11. Bank of Maharashtra
- Headquarters: Pune, Maharashtra
- Founded: 1935
- Key Services: Corporate loans, retail banking, financial services
- Website: bankofmaharashtra.in
12. Punjab & Sind Bank
- Headquarters: New Delhi
- Founded: 1908
- Key Services: Housing loans, MSME banking, agricultural financing
- Website: psbindia.com
Challenges Faced by Public Sector Banks in 2025
- Rising NPAs (Non-Performing Assets): The banking sector still struggles with bad loans.
- Cybersecurity Threats: Increasing cyber fraud and hacking risks.
- Digital Transformation: Transitioning from traditional banking to full-scale digital services.
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FAQs National Banks in India in 2025?
1. How many nationalized banks are there in India in 2025?
There are 12 nationalized banks in India as of 2025.
2. Which is the largest public sector bank in India?
The State Bank of India (SBI) is the largest public sector bank in India.
3. Are public sector banks safe?
Yes, public sector banks are highly regulated by the Reserve Bank of India (RBI) and backed by the Government of India.
4. How do public sector banks help in financial inclusion?
PSBs offer low-cost banking services and government-backed schemes to promote financial inclusion, especially in rural areas.
5. Where can I find the latest updates on nationalized banks?
For official information, visit RBI’s official website.
