Archive · 20 Jul 2026
Top 10 Public Sector Banks in India
India has 12 public sector banks that serve millions of people.
These banks manage a lot of money from deposits and give out many loans.
A member of the Indian Parliament, Manju Sharma, asked the government for details about how many accounts each bank has, how much money is deposited, and how many loans are given over the last five years.
She also asked if the government has received any suggestions about making these banks private.
The largest of these banks is the State Bank of India, and others include Bank of Baroda and Punjab National Bank.
India has 12 public sector banks, including State Bank of India, Bank of Baroda, and Punjab National Bank.
Lok Sabha MP Manju Sharma requested year-wise and bank-wise details of account holders, deposits, and loans for the last five years.
The request was made during the ongoing Monsoon Session of Parliament.
Sharma also inquired about any representations or recommendations regarding the privatization of Public Sector Banks.
The largest public sector bank in India is the State Bank of India.
- Who
- Lok Sabha MP Manju Sharma and the Government of India
- What
- Request for details on account holders, deposits, and loans of Public Sector Banks, and inquiry about privatization
- When
- During the ongoing Monsoon Session of Parliament
- Where
- India
- Why
- To gather information on the performance and potential privatization of Public Sector Banks
- Number of Public Sector Banks in India
- 12
- Largest Public Sector Bank
- State Bank of India
- Other Major Public Sector Banks
- Bank of Baroda, Punjab National Bank, Canara Bank, Union Bank of India, Bank of India, Indian Bank, Central Bank of India, Bank of Maharashtra, Indian Overseas Bank, UCO Bank, Punjab & Sind Bank
- Request Made by Lok Sabha MP
- Year-wise and bank-wise details of account holders, deposits, and loans for the last five years
- Additional Query by MP
- Whether the government has received representations or recommendations regarding the privatization of Public Sector Banks