Top 5 government banks in India
Here are the Top 5 Government Banks in India (2025) — ranked by total assets, market capitalization, reach, and overall performance:
🏦 1. State Bank of India (SBI)
- Headquarters: Mumbai, Maharashtra
- Founded: 1955 (as SBI)
- Ownership: Government of India (≈56%)
- Key Facts:
- India’s largest public sector bank.
- Operates 22,000+ branches and 62,000+ ATMs globally.
- Offers services in retail banking, corporate finance, wealth management, and international banking.
- Subsidiaries include SBI Life, SBI Cards, and SBI Mutual Fund.
- Market Cap (approx.): ₹7+ lakh crore
- Tagline: “The Banker to Every Indian.”
🏦 2. Punjab National Bank (PNB)
- Headquarters: New Delhi
- Founded: 1894
- Ownership: Government of India
- Key Facts:
- Second-largest public sector bank after SBI.
- Operates 10,000+ branches and 13,000+ ATMs.
- Merged with Oriental Bank of Commerce and United Bank of India in 2020.
- Strong presence in SME and agricultural lending.
- Tagline: “The Name You Can Bank Upon.”
🏦 3. Bank of Baroda (BoB)
- Headquarters: Vadodara, Gujarat
- Founded: 1908
- Ownership: Government of India
- Key Facts:
- Merged with Vijaya Bank and Dena Bank in 2019.
- Operates in 20+ countries with 8,000+ branches.
- Offers personal, corporate, and international banking services.
- Tagline: “India’s International Bank.”
🏦 4. Canara Bank
- Headquarters: Bengaluru, Karnataka
- Founded: 1906
- Ownership: Government of India
- Key Facts:
- Merged with Syndicate Bank in 2020.
- Operates 9,700+ branches and 12,000+ ATMs.
- Known for digital banking and MSME lending.
- Tagline: “Together We Can.”
🏦 5. Union Bank of India
- Headquarters: Mumbai, Maharashtra
- Founded: 1919
- Ownership: Government of India
- Key Facts:
- Merged with Andhra Bank and Corporation Bank in 2020.
- Has 8,000+ branches and a strong digital presence.
- Provides retail, agriculture, and international banking services.
- Tagline: “Good People to Bank With.”
🧾 Summary Table
| Rank | Bank Name | Headquarters | Year Founded | Key Merger | Branches (Approx.) |
|---|---|---|---|---|---|
| 1 | State Bank of India | Mumbai | 1955 | — | 22,000+ |
| 2 | Punjab National Bank | New Delhi | 1894 | OBC, United Bank | 10,000+ |
| 3 | Bank of Baroda | Vadodara | 1908 | Vijaya, Dena | 8,000+ |
| 4 | Canara Bank | Bengaluru | 1906 | Syndicate Bank | 9,700+ |
| 5 | Union Bank of India | Mumbai | 1919 | Andhra, Corporation | 8,000+ |
Would you like me to include their latest financial performance (2024–25) — such as net profit, NPA ratios, and total assets — in a table format too?