General Knowledge - Indian Economy - Discussion

@ramya.

The name of all bank which you have writen above are all nationalised bank please clear me.

Nationalizaton of banks started in 1955, with sbi being the first bank to be nationlsed. Then in 1960, its seven subsidiaries (now six) were also nationlised. At present, the 27 nationlised banks are (remember state bank of saurastra is now merged with sbi) Allahabad Bank.

Andhra Bank.
Bank of Baroda.
Bank of India.
Bank of Maharashtra.
Canara Bank.
Central Bank of India.
Corporation Bank.
Dena Bank.
Indian Bank.
Indian Overseas Bank.
Oriental Bank of Commerce.
Punjab and Sind Bank.
Punjab National Bank.
State Bank of Bikaner & Jaipur.
State Bank of Hyderabad.
State Bank of India (SBI).
State Bank of Indore.
State Bank of Mysore.
State Bank of Patiala.
State Bank of Saurashtra.
State Bank of Travancore.
Syndicate Bank.
UCO Bank.
Union Bank of India.
United Bank of India.
Vijaya Bank.
IDBI Bank.

Oriental bank of commerce is nationalised bank or private bank? I think obc is private bank.

How many nationalization were done till now?

Hi, Correct Answer is ----
1. ANDHRA BANK
2. NEW BANK OF INDIA
3. CORPORATION BANK
4. ORIENTAL BANK OF COMMERCE
5. PANJAB AND SINDH BANK
6. VIJAYA BANK

IN 2N PHASE 6 NATIONALISED BANK BOI,BOB.ALLABAD BANK ICICI,IDIANBANK ANDHRA BANK

The first nationalization SBI Bank

Please tell me which bank become first?

Pnb, allahbad bank, andra bank, Indian bank, bank of india, bank of baroda.

What are those banks? please name them.