Nationalised Banks

Nationalized banks in Kerala refer to banks that are owned and operated by the Government of India. These banks play a crucial role in the state's economy by providing a range of financial services to individuals and businesses. Here's a brief history and summary of nationalized banks in Kerala:

History of Nationalized Banks in Kerala:
The process of nationalization of banks in India started in 1969, when the Indian government nationalized 14 major banks, including the State Bank of India and its seven associate banks. Later, in 1980, six more banks were nationalized. After the nationalization, the government increased its stake in these banks, making them public sector banks.

Nationalized Banks in Kerala:

State Bank of India: State Bank of India (SBI) is the largest public sector bank in India and has a significant presence in Kerala. The bank offers a range of financial services, including personal banking, corporate banking, and international banking.

Punjab National Bank: Punjab National Bank (PNB) is another public sector bank that has a significant presence in Kerala. The bank offers a range of financial services, including personal banking, corporate banking, and international banking.

Bank of Baroda: Bank of Baroda is a public sector bank that has a significant presence in Kerala. The bank offers a range of financial services, including personal banking, corporate banking, and international banking.

Union Bank of India: Union Bank of India is a public sector bank that has a significant presence in Kerala. The bank offers a range of financial services, including personal banking, corporate banking, and international banking.

Canara Bank: Canara Bank is a public sector bank that has a significant presence in Kerala. The bank offers a range of financial services, including personal banking, corporate banking, and international banking.

Summary:
Nationalized banks in Kerala have played a crucial role in the state's economy by providing a range of financial services to individuals and businesses. The top nationalized banks in Kerala include State Bank of India, Punjab National Bank, Bank of Baroda, Union Bank of India, and Canara Bank.

List of Nationalised banks or public sector banks operating in Kerala and their website information are available here. Brief info about the banks are available. All the major banks like State bank of India, Canara bank, Corporation bank, IDBI, Dena bank and many more are included.

• Canara Bank : Canara Bank is one of the premier banks in the country with 100% computerisation of the branches.
• Central Bank of India : Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians.
• Indian Bank : Indian Bank is a premier bank owned by the Government of India.
• Bank of Baroda : Bank of Baroda is a nationalised bank operating in Kerala and has its head office at Baroda.
• IDBI : IDBI Bank provides financial products and banking services in India.
• Bharat Overseas Bank Ltd : Bharat Overseas Bank was a growing Chennai-based Indian private sector bank.
• Allahabad Bank : Allahabad Bank is the oldest Public Sector Bank in India having branches all over India.
• Corporation Bank : Corporation Bank is a leading Public Sector bank in India.
• Dena Bank : Dena Bank is a Public Sector Bank having facilities like Personal Banking, Priority Banking, Deposit Schemes, Loan Schemes, NRI Deposit Products.
• Bank of India : Bank of India is a nationalised bank with products like Deposits, Loans, Share Trading etc.