Page 48 - Banking Finance April 2020
P. 48
ARTICLE
(Amount in Crores)
S.No Anchor Bank Amalgamating Bank Business Size* Rank by size
1. State Bank of India State Bank of saurashtra, State bank of Indore, Rs.52.05 lakh 1
State Bank of Bikaner and Jaipur,
State Bank of Hyderabad, State Bank of
Travancore, State Bank of Mysore,
State bank of Patiala, Bhartiya Mahila Bank.
2 Punjab National bank Oriental Bank of commerce Rs.17.94 lakh 2
(PNB) United Bank of India
3 Bank of Baroda Dena Bank, Vijaya Bank Rs. 16.13 lakh 3
4 Canara Bank Syndicate Bank Rs.15.20 lakh 4
5 Union Bank of India Andhra Bank, Corporation Bank Rs.14.59 lakh 5
6 Bank of India Nil Rs.9.03 lakh 6
7 Indian Bank Allahabad Bank Rs.8.08 lakh 7
8 Central bank of India Nil Rs.4.68 lakh 8
9 Indian Overseas bank Nil Rs.3.75 lakh 9
10 UCO Bank Nil Rs.3.17 lakh 10
11 Bank of Maharashtra Nil Rs. 2.34 lakh 11
12 Punjab & Sind Bank Nil Rs. 1.71 lakh 12
* based on March'19 financials (Source: Economic times, August 30 2019)
Conclusion: Bibliography
Right from their formation to the present times, Public 1. Narsimhan Committee Report(1991) on the Banking
Sector Banks on the one hand are working according to the System in India
needs of Government and on the other; they are 2. Indian Economy-Datt and sundharam
continuously evolving themselves to face the competition 3. The 1969 bank nationalization did India more harm than
from private Banks. They are also under pressure from the good- Niranjan Rajadhyaksha
customers to keep pace with their growing expectations.
4. RBI, Trends and progress of banking in India 2007-08,
Non Performing Assets (NPA) are also haunting PSBs along
2009-10, 2017-18.
with the pressure of privatisation.
5. Crisis proof Banking Sector-T T Ram Mohan
Despite all these odds, Public Sector Banks are doing well 6. Department of financial services
and people have trust in their ability to fight back. It is also 7. Jan Dhan Yojana a Burden on Public Sector
commendable that not a single Nationalised Bank has failed Banks(PSB):Nikunj Ohri
or faced liquidation till date. Overall Nationalised banks have
8. Demonetization: Data from SBI shows how public sector
helped India emerge as one of the largest developing
banks are saving the day for Modi Govt- Shishir Tripathi
economies, gain self sufficiency in food grains production and
and Pawan Kumar
make significant strides in financial inclusion. Therefore
9. Explained: How to read the mergers of Public Sector Banks
"PSBs certainly do deserve RESPECT ........." 10. Next Generation PSBs T
46 | 2020 | APRIL | BANKING FINANCE
