PSU Banks in India

In the backdrop of banking sector reforms in India, merger of few banks were announced. After this massive amalgamation, the total number of Public Sector Banks (PSBs) in India has come down from 27 banks in 2017 to 12 in 2021. But its still 10 too many to remember!. Also, for a layman. its a lot of confusion on which bank merged with which. Here is a snap shot of the Major PSU Banks as on date.

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