Lok Sabha Question No. 1996 (UNSTARRED), answered on 2023-03-13
Subject: Public Sector Banks
Ministry: FINANCE
Asked by: Sangeeta Azad

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION NO.1996

To be answered on the March 13, 2023/Phalguna 22,1944 (Saka)

## Public Sector Banks

## 1996. SHRIMATI SANGEETA AZAD:

Will the Minister of FINANCE be pleased to state:

- (a) the  number  and  names  of  Public  Sector  Banks  (PSBs)  functioning  in  the  country  at present;
- (b) whether the Government has any statistics regarding total number of account holders, total deposits and total loans disbursed by each of these PSBs;
- (c) if  so,  the  details  thereof  for  total  number  of  account  holders,  total  deposit  and  loans disbursed by each of these banks during the last five years, year and PSB-wise;
- (d) whether the Government has received any representations or recommendations from any quarter to privatise PSBs in the country and if so, the details thereof; and
- (e) the response of the Government thereto along with the steps taken by the Government in this regard?

## ANSWER

## THE MINISTER OF STATE FOR FINANCE (DR. BHAGWAT KARAD)

- (a) to (e): As per Reserve Bank of India, there are twelve public sector banks (PSBs) functioning in  the  country,  names  of  which  are  at  Annexure-I.  Bank-wise  and  year-wise details of total number of accounts, total deposit and total advances, outstanding of PSBs as on 31 st  March of each of the last five years is at Annexure-II.

Representations  or  recommendations  on  various  issues  including, inter  alia, privatisation  of PSBs, received by the Government from time to time are examined suitably.

In  the  Union  Budget  for  the  financial  year  (FY)  202122,  Government's  intent  to  take  up privatisation of two PSBs and approval of a policy of strategic disinvestment of Public Sector Enterprises was announced.

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## Lok Sabha Unstarred Question no.1996 for answer on 13.3.2023 regarding Public Sector Banks

|   Sr. No. | Name of the Bank      |
|-----------|-----------------------|
|         1 | Bank of Baroda        |
|         2 | Bank of India         |
|         3 | Bank of Maharashtra   |
|         4 | Canara Bank           |
|         5 | Central Bank of India |
|         6 | Indian Bank           |
|         7 | Indian Overseas Bank  |
|         8 | Punjab National Bank  |
|         9 | Punjab & Sind Bank    |
|        10 | State Bank of India   |
|        11 | UCO Bank              |
|        12 | Union Bank of India   |

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## Lok Sabha Unstarred Question no.1996, regarding Public Sector Bank

## a. Total deposits outstanding -

(amount in crore Rs.)

| Bank Name              | 31-03-2018   | 31-03-2019   | 31-03-2020   | 31-03-2021   | 31-03-2022   |
|------------------------|--------------|--------------|--------------|--------------|--------------|
| Bank of Baroda 1       | 8,54,733     | 9,15,159     | 9,45,984     | 9,66,997     | 10,45,939    |
| Bank of India          | 5,20,854     | 5,20,862     | 5,55,505     | 6,27,114     | 6,27,896     |
| Bank of Maharashtra    | 1,38,981     | 1,40,650     | 1,50,066     | 1,74,006     | 2,02,294     |
| Canara Bank 2          | 7,97,548     | 8,58,930     | 9,06,621     | 10,10,875    | 10,86,409    |
| Central Bank of India  | 2,94,839     | 2,99,855     | 3,13,763     | 3,29,973     | 3,42,672     |
| Indian Bank 3          | 4,21,898     | 4,56,410     | 4,88,834     | 5,38,071     | 5,93,618     |
| Indian Overseas Bank   | 2,16,832     | 2,22,534     | 2,22,952     | 2,40,288     | 2,62,159     |
| Punjab and Sind Bank   | 1,01,726     | 98,558       | 89,668       | 96,108       | 1,02,137     |
| Punjab National Bank 4 | 9,78,899     | 10,43,659    | 10,71,569    | 11,06,332    | 11,46,218    |
| State Bank of India    | 27,06,343    | 29,11,386    | 32,41,621    | 36,81,277    | 40,51,534    |
| UCO Bank               | 1,81,849     | 1,97,907     | 1,93,203     | 2,05,919     | 2,24,073     |
| Union Bank of India 5  | 7,99,888     | 8,20,304     | 8,68,633     | 9,23,805     | 10,32,393    |

Source: Reserve Bank of India (Data is for Global operations)

## Note -

1  Vijaya Bank and Dena Bank were amalgamated into Bank of Baroda w.e.f. 1st April, 2019.

2  Syndicate Bank was amalgamated into Canara Bank w.e.f. 1st April, 2020.

3  Allahabad Bank was amalgamated into Indian Bank w.e.f. 1st April, 2020.

4  Oriental Bank of Commerce and United Bank of India were amalgamated into Punjab National Bank w.e.f. 1st April, 2020.

5  Andhra Bank and Corporation Bank were amalgamated into Union Bank w.e.f. 1st April, 2020.

Data provided is post-consolidation of data of above-mentioned banks.

## b. Gross loans and advances outstanding -

(amount in crore Rs.)

| Bank Name              | 31-03-2018   | 31-03-2019   | 31-03-2020   | 31-03-2021   | 31-03-2022   |
|------------------------|--------------|--------------|--------------|--------------|--------------|
| Bank of Baroda 1       | 6,53,660     | 6,97,824     | 7,38,096     | 7,51,590     | 8,18,121     |
| Bank of India          | 3,75,995     | 3,82,860     | 4,16,521     | 4,10,436     | 4,57,014     |
| Bank of Maharashtra    | 94,645       | 93,467       | 94,889       | 1,07,654     | 1,35,240     |
| Canara Bank 2          | 6,24,190     | 6,61,364     | 6,60,717     | 6,75,155     | 7,41,147     |
| Central Bank of India  | 1,77,484     | 1,67,729     | 1,72,244     | 1,76,913     | 1,89,716     |
| Indian Bank 3          | 3,29,161     | 3,51,448     | 3,68,663     | 3,90,317     | 4,15,625     |
| Indian Overseas Bank   | 1,50,999     | 1,51,996     | 1,34,771     | 1,39,597     | 1,55,801     |
| Punjab and Sind Bank   | 69,739       | 72,747       | 62,564       | 67,811       | 70,387       |
| Punjab National Bank 4 | 6,88,194     | 7,50,867     | 7,62,721     | 7,39,407     | 7,85,104     |
| State Bank of India    | 20,48,387    | 22,93,454    | 24,22,845    | 25,39,393    | 28,18,671    |
| UCO Bank               | 1,23,990     | 1,19,573     | 1,14,961     | 1,18,405     | 1,29,777     |
| Union Bank of India 5  | 6,06,400     | 6,39,130     | 6,66,117     | 6,53,684     | 7,16,408     |

Source: Reserve Bank of India (Data is for Global operations)

## Note -

1  Vijaya Bank and Dena Bank were amalgamated into Bank of Baroda w.e.f. 1st April, 2019.

2  Syndicate Bank was amalgamated into Canara Bank w.e.f. 1st April, 2020.

3  Allahabad Bank was amalgamated into Indian Bank w.e.f. 1st April, 2020.

4  Oriental Bank of Commerce and United Bank of India were amalgamated into Punjab National Bank w.e.f. 1st April, 2020.

5  Andhra Bank and Corporation Bank were amalgamated into Union Bank w.e.f. 1st April, 2020.

Data provided is post-consolidation of data of above-mentioned banks.

## c. Total number of deposit and advances accounts with Public Sector Banks, year-wise

( numbers in '000)

| Period   | Total number of deposit and credit accounts with PSBs*   |
|----------|----------------------------------------------------------|
| Mar-18   | 15,22,722                                                |
| Mar-19   | 15,17,811                                                |
| Mar-20   | 15,62,624                                                |
| Mar-21   | 15,73,558                                                |
| Mar-22   | 16,63,918                                                |

Source: Reserve Bank of India (Data is for Global operations)

- *As per input received from Reserve Bank of India (RBI), it does not maintain the information with respect to total number of account holders. However, year-wise total number of deposit and advances accounts with Public Sector Banks for last five years, year-wise is provided above.

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