How many public sector banks are there in India in 2026?

There are 12 public sector banks in India as of November 2026.

Which is the largest public sector bank in India?

State Bank of India (SBI) is the largest public sector bank in India in terms of assets, business volume and branch network.

What is the tagline of State Bank of India?

State Bank of India is associated with the taglines "The Banker to Every Indian" and "Pure Banking, Nothing Else".

List of All Public Sector Banks in India 2026 with Headquarters and Taglines

The List of Public Sector Banks in India 2026 is important for banking exams such as IBPS PO, SBI Clerk and RBI Grade B. India currently has 12 public sector banks. Check their headquarters, taglines, important facts and merger history in this article to strengthen your Banking Awareness preparation.

List of All Public Sector Banks in India 2026

India has 12 public sector banks operating under the banking system regulated by the Reserve Bank of India (RBI). The Department of Financial Services, Ministry of Finance, Government of India, maintains the list of these banks. The following table provides the names of all 12 public sector banks in India, their headquarters and taglines for quick revision.

No.	Public Sector Bank	Headquarters	Tagline
1	State Bank of India (SBI)	Mumbai, Maharashtra	The Banker to Every Indian / Pure Banking, Nothing Else
2	Punjab National Bank (PNB)	New Delhi	The Name You Can Bank Upon
3	Bank of Baroda (BoB)	Vadodara, Gujarat	India’s International Bank
4	Canara Bank	Bengaluru, Karnataka	Together We Can
5	Union Bank of India	Mumbai, Maharashtra	Good People to Bank With
6	Bank of India (BOI)	Mumbai, Maharashtra	Relationship Beyond Banking
7	Indian Bank	Chennai, Tamil Nadu	Your Own Bank / Apka Apna Bank
8	Central Bank of India	Mumbai, Maharashtra	Build a Better Life Around Us / Central to You Since 1911
9	Indian Overseas Bank (IOB)	Chennai, Tamil Nadu	Good People to Grow With
10	UCO Bank	Kolkata, West Bengal	Honours Your Trust
11	Bank of Maharashtra	Pune, Maharashtra	One Family, One Bank / Ek Parivaar, Ek Bank
12	Punjab & Sind Bank	New Delhi	Where Service is a Way of Life

Important Facts About Public Sector Banks in India

Candidates should remember these important points about public sector banks for Banking Awareness and General Awareness sections:

Total number of Public Sector Banks in India: 12
Largest public sector bank in India: State Bank of India
Public sector banks headquartered in Mumbai: 4
Banks headquartered in New Delhi: 2
Banks headquartered in Chennai: 2
Regulatory authority: Reserve Bank of India
Administrative department: Department of Financial Services, Ministry of Finance
Latest major public sector bank merger phase: 2020

City-Wise List of Public Sector Banks in India

Remembering the headquarters of all 12 public sector banks can be easier when banks are grouped according to their respective cities. The following table provides a city-wise classification for quick revision.

City	Public Sector Banks	Number of Banks
Mumbai	SBI, Bank of India, Central Bank of India, Union Bank of India	4
New Delhi	Punjab National Bank, Punjab & Sind Bank	2
Chennai	Indian Bank, Indian Overseas Bank	2
Vadodara	Bank of Baroda	1
Bengaluru	Canara Bank	1
Pune	Bank of Maharashtra	1
Kolkata	UCO Bank	1
Total	12 Public Sector Banks	12

What Are Public Sector Banks?

Public Sector Banks are financial institutions in which the Government of India holds a majority ownership stake. These banks operate under the regulatory framework of the Reserve Bank of India and provide banking services to individuals, businesses, farmers and other customers.

Public sector banks are an important part of India’s financial system. They help people access banking facilities, provide loans to different sectors, encourage savings and support financial inclusion, particularly in rural and semi-urban areas. Their major functions include:

Providing banking services: Offering savings accounts, current accounts, fixed deposits and other financial products.
Providing loans: Supporting individuals, small businesses, farmers and large industries through different credit facilities.
Promoting financial inclusion: Expanding access to banking services in rural and underserved areas.
Implementing government schemes: Helping eligible beneficiaries access financial assistance and government-backed banking initiatives.
Supporting economic development: Providing financial support to businesses, agriculture and other important sectors.

Importance of Public Sector Banks for Banking Exams

Public sector banks are an important part of Static General Awareness and Banking Awareness preparation. Questions based on their headquarters, taglines, mergers and nationalisation history can be asked in the examinations conducted by various banking and government recruitment organisations. Candidates preparing for the following examinations should revise this topic: