India's banking industry is essential to the financial security and economic development of the nation. In 2025, the roster of government banks in India comprises a number of public sector banks (PSBs) owned fully or in part by the Central Government. India's government banks have a diverse array of financial services and are relied on by millions due to their reliability, coverage, and compliance with regulations.
Over the past few years, the Indian government has merged several banks to consolidate the banking system. The present government bank list in India 2025 indicates this consolidation, leading to fewer but robust banks with a pan-India reach.
Latest Government Bank List in India 2025
Following is the latest and updated list of government banks in India 2025:
1. State Bank of India (SBI)
2. Punjab National Bank (PNB)
3. Bank of Baroda (BoB)
4. Canara Bank
5. Union Bank of India
6. Bank of India (BOI)
7. Indian Bank
8. UCO Bank
9. Bank of Maharashtra
10. Punjab & Sind Bank
11.Central Bank of India
These central government banks are controlled by the Government of India and work according to the directions of the Reserve Bank of India (RBI).
Important Points about Government Banks in India
State Bank of India (SBI) continues to be the largest public sector bank with a vast network of domestic and overseas branches.
The government has been able to consolidate smaller banks into larger ones to enhance operating efficiency and capital resilience.
The government banks of India have been instrumental in implementing national-level financial programs such as Jan Dhan Yojana, PM Mudra Yojana, and DBT (Direct Benefit Transfer).
Conclusion
The government banks of India 2025 list presents a slimmer yet stronger public banking sector. These central government banks remain the backbone of financial infrastructure in India, particularly rural and semi-urban India. For individuals and enterprises looking for secure and government-guaranteed financial services, these banks are still the number one choice.
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