1. BANK OF BARODA
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Bank
of Baroda is an Indian state-owned banking and financial services company.
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When
its about Nationalised Banks in India, then Bank of Baroda stands in the
first position. The history of Bank of Baroda dates back to the year 1908,
when it was founded by a group of businessmen and in the year 1969, the bank
was nationalised.
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At
present, Bank of Baroda has more than 5,000 branches and over 8,000 ATMs
across the country, which provide quality and prompt services to customers.
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Apart
from India, Bank of Baroda has more than 100 branches in over 20 countries
across the globe. Some of the services offered by Bank of Baroda include
Wealth Management, Credit Cards, Debit Cards and Loans.
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Bank
of Baroda also offers internet banking service under the name of Baroda
Connect.
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Talking about performance in the financial
year 2014-2015, Bank of Baroda generated a total income of more than Rs
47,000 Crore. Bank of Baroda also generated net profit of more than Rs 3,300
Crore.
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Market Capitalization
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Rs
29,123 Crore (As on 16th January 2016)
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Headquarters
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Mumbai
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CEO
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P. S.
Jayakumar
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Founder
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Sayajirao Gaekwad III
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Founded
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July
20, 1908
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Parent organization
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Government of India
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Tagline
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India’s International Bank
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2. PUNJAB NATIONAL
BANK
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Punjab
National Bank is next on this list and stand at 2nd in the list of top 10
best nationalised banks in India.
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Punjab
National Bank was started in the year 1894 and presently a leading
nationalised bank with more than 6,000 branches and over 7,000 ATMs in the
country.
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Punjab
National Bank is known for quality services and some of the services offered
by the bank include Personal Banking and Agricultural Banking.
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The
total income generated by Punjab National Bank in the financial year
2014-2015 crossed the mark of Rs 52,000 Crore and net profit was more than Rs
30,000 Crore.
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Market Capitalization
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Rs
18,084 Crore (As on 16th January 2016)
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Headquarters
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New
Delhi
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CEO
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Usha
Ananthasubramanian
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Founder
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Lala
Lajpat Rai
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Founded
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May
19, 1894, Lahore, Pakistan
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Parent organization
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Government of India
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Tagline
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The
name you can bank upon
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3. CENTRAL BANK
OF INDIA
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Central Bank of India, a government-owned
bank, is one of the oldest and largest commercial banks in India. It is based
in Mumbai which is the financial capital of India and capital city of state
of Maharashtra.
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Next
is Central Bank of India, one of the oldest banks in India and came into
existence in the year 1911.
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Central Bank of India is presently widely
across the country with more than 4,300 branches in over 25 states in India.
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Loans,
NRI Banking, Credit Card, Debit Card and Deposits are some of the services
offered by the bank.
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Moving
to Financial Results, Central Bank of India in the financial year 2014-2015
generated a total income of more than Rs 28,000 Crore. Also, the profit
generated by the bank crossed the mark of Rs 600 Crore.
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Market capitalization
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Rs
10,530 Crore (As on 16th January 2016)
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Headquarters
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Mumbai
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CMD
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Rajeev
Rishi
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Founder
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Pherozeshah Mehta, Sorabji Pochkhanawala
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Founded
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December 21, 1911
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Parent organization
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Government of India
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Tagline
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“Central To you Since 1911” Together We Can.
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4. CANARA BANK
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Canara
Bank is an Indian state-owned bank headquartered in Bangalore, in Karnataka.
It was established at Mangalore in 1906, making it one of the oldest banks in
the country. The government nationalized the bank in 1969.
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Canara
Bank is another nationalised bank, which is known for quality products and
services and incorporated in the year 1906.
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Personal Banking, Loans, Insurance and Internet
Banking are some of the services offered by Canara Bank.
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Canara
Bank is growing swiftly and at present owns more than 5,500 branches and over
7,000 ATMs in the country.
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Canara
Bank for quality services has been awarded with numerous awards and some of
the awards won by the bank include MSME Banking Excellence Awards-2014 and
SKOCH Renaissance Award 2014.
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Market Capitalization
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Rs
9,768 Crore (As on 16th January 2016)
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Headquarters
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Karnataka
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CEO
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Pradyuman Singh Rawat
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Founder
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Ammembal Subba Rao Pai
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Founded
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1906
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Tagline
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Together We Can
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5. UNION BANK
OF INDIA
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Union
Bank of India is one of the largest government-owned banks of India. It is
listed on the Forbes 2000, and has assets of USD 13.45 billion. All the
bank’s branches have been networked with its 6909 ATMs as on 30.09.2015.
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Winner
of Express Uptime Champion Award 2014, Union Bank of India is the next nationalised
bank, which was incorporated in 1919.
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Headquartered in Mumbai, Union Bank of India
has more than 4,000 branches and a customer base of over 49 Million.
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Talking about services, then Union Bank of
India is acclaimed for its products and services and some of the services
offered by the bank include Loans, Mobile Banking and Internet Banking.
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Market Capitalization
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Rs
7,816 Crore (As on 16th January 2016)
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Headquarters
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Mumbai
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CEO
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Arun
Tiwari
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Founded
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November 11, 1919
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Parent organization
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Government of India
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Tagline
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Good
People to Bank with
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6. BANK OF INDIA
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Bank
of India is commercial bank with headquarters in Mumbai, Maharashtra, India.
Founded in 1906, it has been government-owned since nationalisation in 1969.
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Bank
of India is another leading bank in India, which was founded in the year
1906. Some of the services offered by the bank include Deposits, Internet
Banking, Credit Card and Debit card.
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With
more than 4,800 branches, Bank of India has a strong presence in the country.
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Apart
from India, Bank of India has more than 50 offices present in over 20
countries in the world.
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Market Capitalization
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Rs
7,636 Crore (As on 16th January 2016)
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Headquarters
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Mumbai
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CEO
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Vijayalakshmi R. Iyer
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Founded
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September
7, 1906, Mumbai
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Tagline
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Relationship beyond banking
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7. SYNDICATE
BANK
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Syndicate Bank is one of the oldest and
major commercial banks of India. It was founded by T M A Pai, Upendra Pai and
Vaman Kudva. At the time of its establishment, the bank was known as Canara
Industrial and Banking Syndicate Limited.
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Syndicate Bank is ranked 7th in the list of
top 10 best nationalised banks in India. Founded in 1925, Syndicate Bank was
nationalised in the year 1969.
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Syndicate Bank is a fast growing bank, which is also manifested
in its financial results for the year 2014-2015.
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In the
financial year 2014-2015, Syndicate Bank generated a total income of more
than Rs 23,000 Crore and net profit of over Rs 1,500 Crore.
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Market Capitalization
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Rs
4,637 Crore (As on 16th January 2016)
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Headquarters
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Manipal(Karnataka)
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CEO
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Arun
Shrivastava
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Founder
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T. M.
A. Pai
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Founded
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Udupi
in 1925
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Tagline
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Your
Faithful And Friendly Financial Partner
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8. INDIAN OVERSEAS
BANK
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India
Overseas Bank has more than 3,300 domestic branches and occupied eighth place
in the list of top 10 nationalised banks in India. Also, the bank has 8
overseas branches in South Korea, Hong Kong, Singapore, Sri Lanka and
Bangkok.
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Indian
Overseas Bank is a major public sector bank based in Chennai, with about 3700
domestic branches, including 1150 branches in Tamil Nadu, 3 extension
counters, and eight branches and offices overseas as of 30 September 2014.
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Market Capitalization
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Rs
4,594 Crore (As on 16th January 2016)
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Headquarters
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Chennai
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CEO
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R.
Koteeswaran
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Founded
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Chennai
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Tagline
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Good
people to grow with
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9. INDIAN BANK
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Indian
Bank is an Indian state-owned financial services company established in 1907
and headquartered in Chennai, India. It has 20464 employees, 2416 branches in
India and is one of the big public sector banks of India.
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Next
on this list is Indian Bank, a nationalised bank founded in the year 1907 and
owns more than 2,500 branches in India.
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Internet Banking, Wealth Management, Mobile
Banking and Educational Loan are some of the services offered by the bank.
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Indian
Bank in the financial year 2014-2015 has performed well and generated a total
income of more than Rs 17,000 Crore. Also, the net profit generated by Indian
Bank was more than Rs 1,000 Crore.
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Market Capitalization
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Rs
4,461 Crore (As on 16th January 2016)
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Headquarters
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Chennai
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CEO
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Shri
Mahesh Kumar Jain
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Founder
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V.
Krishnaswamy Iyer, S. Rm. M. Annamalai Chettiar, S. Rm. M. Ramaswami Chettiar
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Founded
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August
15, 1907
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Parent organization
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Reserve Bank of India
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Tagline
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Your
Tech- Friendly Bank
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10. CORPORATION
BANK
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Corporation Bank is a public sector banking
company headquartered in Mangalore, India. The bank has pan-India presence
with 8,000 functional units comprising 2200 branches, 1800+ ATMs and 3,000
branchless banking units as of 30 January 2015.
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Established in 1906, Corporation Bank has
more than 3,000 branches and over 3,200 ATMs in the country.
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The
bank was nationalised in 1980 and presently a leading nationalised bank in
the country.
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In the
financial year 2014-15, Corporation Bank generated income of more than Rs
21,000 Crore. Also, its net profit crossed the mark of Rs 580 Crore.
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Market Capitalization
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Rs
4,079 Crore (As on 16th January 2016)
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Headquarters
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Mangalore
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CEO
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Shri
Sadhu Ram Bansal
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Founded
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1906,
Udupi
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Parent organization
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Government
of India
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Tagline
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A
Premier Public Sector Bank.
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