| Name | Head-
Quarter | Formation | Nationalization | Major Facts |
| Reserve Bank of India (RBI) | Mumbai | 1935 | 1949 | Central Bank in India
|
| State Bank of India (SBI) | Mumbai | 1955 | Under SBI Act 1955 | Imperial Bank was Renamed as SBI in 1955 |
| Central Bank of India | Mumbai | 1911 | 1969 | First Bank Started as totally owned by Indians |
| Bank of India | Mumbai | 1906 | 1969 | One of the major nationalized bank in India |
| Union Bank of India (UBI) | Mumbai | 1919 | 1969 | Mahatma Gandhi Inaguarted its head office in Mumbai has been listed on Forbes 2000 |
| UCO Bank (Formally United Commercial Bank ) | Kolkata | 1943 | 1969 | Established by GD Birla |
| United Bank of India | Kolkata | 1950 | 1969 | Formed with the amalgamation of Comilla Banking Corp , Bengal Central Bank , Comilla Union Bank and Hooghly Bank |
| Canara Bank | Bangalore | 1906 | 1969 | In 1985 , it acquired Lakshmi Commercial Bank as part of rescue operations . |
| Syndicate Bank | Manipal | 1925 | 1969 | First Bank of start PIGMY DEPOSIT scheme by making daily collection of small saving from individual depositors |
| Punjab National Bank (PNB) | New Delhi | 1894 | 1969 | 3rd Largest bank in India by assets , Currently 2nd largest state –owned commercial bank |
| Indian Bank | Chennai | 1907 | 1969 | Founded by Annamalai and Ramaswami Chettiar |
| Indian Overseas Bank (OBC) | Chennai | 1937 | 1969 | It took over Bharat Overseas Bank in 2007 |
| Dena Bank | Mumbai | 1938 | 1969 | Was formed under the name devkaran Nanjee Banking Company Ltd Later name changed to Dena Bank Ltd. |
| Bank of Maharashtra | Pune | 1935 | 1969 | It has achieved 100% core banking solutions of all its over 1510 branches |
| Allahabad Bank | Kolkata | 1865 | 1969 | It is acknowledged as the oldest nationalized bank . In 1989 United Industrial Bank Ltd merged with it |
| Bank of Baroda (BOB) | Baroda | 1908 | 1969 | Founded by Maharaji Sayajirao Gaekwad is the 3rd largest bank after SBI and PNB |
| Corporation Bank | Mangalore | 1906 | 1980 | Changed its name from Canara Banking Corporation Ltd to Corporation Bank in 1972 |
| Vijaya Bank | Bangalore | 1931 | 1980 | Founded by AB Shetty become a scheduled bank in 1958 |
| Oriental Bank of Commerce (OBC) | New Delhi | 1943 | 1980 | Established by the Thapar Family one of the aggressive smaller banks with good track record |
| Andhra Bank | Hyderabad | 1923 | 1980 | One of the first banks to start credit cord business in the country |
| Punjab & Sind Bank (PSB) | New Delhi | 1908 | 1980 | Considered as one of the weak banks ; last among the nationalized banks to issue its shares to the public |
