Monsterindia.com Jobs

Monday, January 20, 2014

Nationalized Banks At a Glance

Nationalized banks have always contributed to boost up the economy of India and available in a large number.

Note: I was being asked about the bank's Emblem also in my interview. So take a close look at the emblem of each banks too

In India Nationalized banks have great dominance over private banks as it has fully authority to look after the function and policy of private banks. Imperial Bank was the first banks that was nationalized in 1955 and became famous as State Bank of India.
After that many banks got the certification of nationalized bank . Some famous banks example are listed bellow.
NameFormationNationalizationSpeed PostLogo
Reserve Bank of India (RBI)19351949Central Bank In IndiaRBI
Central Bank Of India19111969First Indian Bank started as total owned by IndiansCentral-Bank-of-India-Logo
Bank Of India19061969One of the major nationalized bank of Indiabank-of-india-logo
Union Bank Of India (UBI)19191969Mahatma Gandhi inaugurated its head office in Mumbai has been listed on Forbes 2000union bank on india
UCO Bank [formerly United Commercial Bank ]19431969Established by GD birlaUco Bank
United Bank of India19501969Formed with the amalgation of Comilla Banking Corp, Bengal Central Bank , Comilla Union Bank and Hooghly Bankunited_bank
Canara Bank19061969In 1985 , it acquired Lakshmi Commercial Bank as Part of rescue operations.Canarabank-logo
Syndicate Bank19251969First bank of start PIGMY DEPOSIT scheme by making daily collection of small saving from individual depositors.syndicate-bank
Punjab National Bank (PNB)189419693rd largest bank in India by assets , currently 2nd largest state-owned commercial bankPunjab-National-Bank-Logo
Indian Bank19071969Founded by Annamalai and Ramaswami ChettiarIndian-Bank
Indian Overseas Bank19371969It took over Bharat Overseas Bank in 2007indian-overseas-bank
Dana Bank19381969Was formed under the name Devkaran Nanjee Banking Company Ltd later name changed to Dana bank Ltd.Dena_Bank_Logo
Bank of Maharashtra19351969It has achieved 100% core banking solution of all its over 1510 branchesBank-of-Maharashtra
Allahabad Bank18651969It is acknowledged as the oldest nationalized Bank. In 1989 United Industrial Bank Ltd merged with it.Allahabad_Bank_0
Bank of Baroda(BoB)19081969Founded by Maharaji Sayajirao Geakwad is the 3rd large bank after SBI and PNBBank-of-Baroda
Corporation Bank19061980Changed Its name from Canara Banking Corporation Ltd to Corporation Bank in 1972corporation-bank
Vijaya Bank19311980Founded by AB Shetty become a scheduled bank in 1958.Vijaya_Bank
Oriental Bank Of Commerce (OBC)19431980Established by the Thapar Family one of the aggrassive smaller banks with good track recordOriental_Bank_of_Commerce_Logo.svg
Andhra Bank19231980One of the First bank to start credit card business in the countryandhra_bank-logo-thumbnail
Punjab & Sind Bank (PSB)19081980Considered as one of the weak banks ; last among the nationalized banks to issue its shares to public.PSB

No comments:

Post a Comment