Banks are the financial centers that keep your money safe from all the threats of the society. Apart from that, people get interest through banks on their savings. Each and every bank in India facilitates lots of features through which they secure the financial life of the individual. Further, they provide loan so that people could buy land, home, and vehicle etc… for their comfortable survival.
The capital and economic condition of any country is measured by the performance of the banks and there are so many people who keen to invest only in government banks.
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Initially there were 21 banks in India in government zone, and recently 2 of them are merged in Bank of Baroda. If you are also in one of them, who always prefer to invest in the government banks then below mentioned is the list of those.
Government Banks in India Are:
1. Allahabad Bank* – Founded In 24 April 1865
2. Andhra Bank* – Founded In 28 November 1923
3. Bank of Baroda – Founded In 20 July 1908
4. Bank of India – Founded In 7 September 1906
5. Bank of Maharashtra – Founded In 16 September 1935
6. Canara Bank* – Founded In 1 July 1906
7. Central Bank of India – Founded In 21 December 1911
8. Corporation Bank* – Founded In 12 March 1906
9. Indian Bank* – Founded In 15 August 1907
10. Indian Overseas Bank – Founded In 10 February 1937
11. Oriental Bank of Commerce* – Founded In 19 February 1943
12. Punjab and Sind Bank – Founded In 24 June 1908
13. Punjab National Bank* – Founded In 19 May 1894
14. State Bank of India – Founded In 1 July 1955
15. Syndicate Bank* – Founded In 1925
16. Uco Bank – Founded In 6 January 1943
17. Union Bank of India* – Founded In 11 November 1919
18. United Bank of India* – Founded In 1950
