Nationalized Bank In India

NATIONALIZED BANKS IN INDIA WITH THEIR HEADQUARTERS AND CHAIRPERSONS

nationalized banks in india

This article will provide you an insight into the nationalized banks of India. It will explain how nationalization took place and what it means. This article will tell us about the list of nationalized banks in India with their headquarters and their current CEOs.

What is nationalization?

The process in which a national government or state government shifts the organization or assets from a private industry to a public owned industry, it is known as nationalization. This is done by an act, ordinance or using some kind of orders.

This process is employed by banks or organizations to make the transition from private organization to private organization.

This also means that State owned banks can also be transformed to central government owned banks by the process of nationalization. Even RBI was a private bank at the time of Indian Independence. It was nationalized at 1949.

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How many nationalized banks in India

19  nationalized banks in India

LIst of Nationalized Banks in India

Allahabad Bank

Year of Nationalization – 1969

Chairperson – Rakesh Sethi

Head Office: 2, Netaji Subhas Road

Calcutta-700 001.

Andhra Bank

Year of Nationalization – 1980

Chairperson – Suresh N Patel

Head Office: Andhra Bank Building Sultan Bazar, P.B.No.161

Hyderabad-500 001

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Bank of Baroda

Year of Nationalization – 1969

Chairperson – P.S. Jayakumar

Head Office: Baroda Corporate Centre, C-26, G-Block, Bandra-Kurla Complex,

Bandra (East), Mumbai-400 051

Bank of India

Year of Nationalization – 1969

Chairperson –

Head Office: Express Towers, Nariman Point

Mumbai-400 021.

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Bank of Maharashtra

Year of Nationalization – 1969

Chairperson – M.O. Rego

Head Office: Lok Mangal 1501, Shivaji Nagar, Post Box No.919

Pune-411 00

Canara Bank

Year of Nationalization – 1969

Chairperson – Rakesh Sharma

Head Office: 112, Jayachamarajendra Road Post Box No.6648

Bangalore-560 002

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Central Bank of India

Year of Nationalization – 1969

Chairperson – Rajeev Rishi

Head Office: Central Office Chander Mukhi, Nariman Point

Mumbai-400 021

Corporation Bank

Year of Nationalization – 1980

Chairperson – J K Garg

Head Office: Bharath Building G.H.S. Road, Post Box No.88

Mangalore-575 001

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Dena Bank

Year of Nationalization – 1969

Chairperson – Ashwani Kumar

Head Office: C-10 G Block Bandra Kurla Complex Bandra East

Mumbai 400 051

Indian Bank

Year of Nationalization – 1969

Chairperson – Mahesh Kumar Jain

Head Office: Building P.B.No.1384, 31, Rajaji Road

Chennai-600 001

Indian Overseas Bank

Year of Nationalization – 1969

Chairperson – R Koteswaram

Head Office: Indian Overseas Bank,

Central Office 762, Anna Salai, P.B.No.3765

Chennai-600 002

Oriental Bank of Commerce

Year of Nationalization – 1980

Chairperson – Animesh Chauhan

Head Office: E-Block, Connaught Place, P.B.No.329

New Delhi-110 001

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Punjab & Sind Bank

Year of Nationalization – 1969

Chairperson – Jatinder Bir Singh

Head Office: Punjab & Sind Bank,

Bank House 4th floor , 21, Rajendra Place

New Delhi-110 008

Punjab National Bank

Year of Nationalization – 1969

Chairperson – Usha Ananthasubramanian

Punjab National Bank

Head Office: 7, Bhikaji Cama Place, Africa Avenue

New Delhi-110 066

Syndicate Bank

Year of Nationalization – 1969

Chairperson – Arun Shrivastava

Syndicate Bank

Head Office: Post Box No.1, Manipal-576 119

Karnataka State

UCO Bank

Year of Nationalization – 1969

Chairperson – R K Takkar

Head Office: 10, Biplabi Trailokya Maharaj , Sarani

Calcutta-700 001

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Union Bank of India

Year of Nationalization – 1980

Chairperson – Arun Tiwari

Head Office: Union Bank Building Central Office,

239, Backbay Reclamation Post Box No.93A,

Nariman Point,

Mumbai-400 021.

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United Bank of India

Year of Nationalization – 1969

Chairperson – P Srinivas

Head Office: 16, Old Court House Street

Calcutta-700 001

Vijaya Bank

Year of Nationalization – 1980

Chairperson – Kishore Kumar Sansi

Head Office: Janardhan Towers No.2, Residency Road

Bangalore-560 025

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