Banks Names: 1) Bank 2) u r Bank 3) Bank 4) d Bank 5) Bank 6) ✅ Bank 7) th Bank 8) Bank 9) ✅☕ Bank 10) Bank 11) Bank 12) r a Bank 13) Bank 14) ⛪ Bank 15) Bank right apeell
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Answer:
Nationalized banks:
- Central Bank of India
- Bank of India
- Punjab National Bank
- United commercial Bank
- Canara Bank
- Dena Bank
- Syndicate Bank
- Union Bank of India
- Allahabad Bank
- Allahabad Bank
- Indian Overseas Bank
- Bank of Maharashtra
- Indian Bank
- Vijaya Bank
- Corporation Bank
Fourteen banks in India became nationalized in 1969 with the aim to operate with social progress
six banks nationalized in 1980.
1993- the nationalized bank New Bank of India merged with Punjab National Bank. As a result there were only 19 nationalized banks in India.
other nationalized banks are :
- Andhra Bank
- Oriental Bank of commerce
- Punjab and Sindh Bank
- United Bank of India
On April 1st of 2020 some nationalized banks merged into:
- Syndicate Bank into Canara Bank
- Allahabad Bank into Indian Bank
- Oriental Bank of commerce and United Bank of India into Punjab National Bank
- Andhra Bank and Corporation Bank into Union Bank of India
In 2019 Dena Bank and Vijaya Bank merged with Bank of Baroda , on 2nd January of 2019 as the government of India proposed the merger on 17th September of 2018
Six banks will be remained independent after post mega merger
the banks which have strong regional focus continue as separate entities. they are :
- Bank of Maharashtra
- Bank of Punjab and Sindh
- Overseas Bank of India
Bank of India and Central Bank of India continue as seperately as before.
After the mega merger there will be 12 nationalized banks in India.
1. ICICI Bank
2. Karur Vysya Bank
3. IDBI Bank
4. Syndicate Bank
5. HDFC Bank
6. SBI (State Bank of India)
7. South Indian Bank
8. Indian Overseas Bank
9. SBT (State Bank of Travancore)
10. Punjab National Bank
11. BOB (Bank of Baroda)
12. Andhra Bank
13. Dhanlaxmi Bank
14. Catholic Syrian Bank
15. Centurian Bank