National Bank List in India 2024 {Top Nationalized Banks List}

National Bank List in India 2024: Nationalized banks are financial institutions that were once privately owned but were acquired by the government due to financial or socio-economic needs. In technical terms, these banks have an ownership structure where the government holds a majority share, exceeding 50%. Understanding the list of nationalized banks holds significance for competitive exams and for individuals aspiring to work in government banks.

These banks constitute public sector assets under the ownership or management of the state or central government. The concept of nationalized banks emerged when privately owned banks were transferred to the public sector through nationalization acts. Following India's independence, the government undertook various measures to foster economic development, including the establishment of the Reserve Bank of India (RBI) in April 1935. Subsequently, in 1948, the government issued notices for the nationalization of banks, with the process being completed in 1949.

List of National Bank in India 2024

Below is the National Bank List in India.

Nationalized Banks	Headquarter	Tag Line
1. Punjab National Bank ( With the merger of Oriental Bank Of Commerce and United Bank Of India)	New Delhi	The name you can Bank Upon
2. Indian Bank( With Merger of Allahabad Bank)	Chennai	Your Tech-friendly bank
3. State Bank of India	Mumbai	With you all the way, Pure Banking Nothing Else, The Nation’s banks on us
4. Canara Bank( With Merger Of Syndicate Bank)	Bangalore	Together we can
5. Union Bank of India( With Merger Of Andhra Bank and Corporation Bank)	Mumbai	Good people to bank with
6. Indian Overseas bank	Chennai	Good people to grow with
7. UCO Bank	Kolkata	Honors Your Trust
8. Bank of Maharashtra	Pune	One Family One Bank
9. Punjab and Sind Bank	Rajendra Place, New Delhi	Where Service Is A Way Of Life
10. Bank of India	Mumbai	Relationships beyond Banking
11. Central Bank of India	Mumbai	Central To you Since 1911, Build A Better Life Around Us
12. Bank of Baroda	Gujarat	India’s International Bank