Lok Sabha Question No. 206 (STARRED), answered on 2022-08-01
Subject: Public Sector Banks
Ministry: FINANCE
Asked by: Anto  Antony

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA STARRED QUESTION NO: *206 TO BE ANSWERED ON THE 1 st  AUGUST, 2022/ Sravana 10, 1944 (Saka) QUESTION Public Sector Banks

## *206:  Shri Anto Antony:

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 of total number of account holders, total deposit and loans disbursed by each of these banks during the last ten 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

FINANCE MINISTER

## (SMT. NIRMALA SITHARAMAN)

(a) to (e): A statement is laid on the Table of the House.

***

## Statement  for  Lok  Sabha  Starred  Question  no.  *206  for  1 st   August  2022,  regarding 'Public Sector Banks' by SHRI ANTO ANTONY, Member of Parliament

There are twelve public sector banks (PSBs) functioning in the country, names of which are at Annexure 1. Bank-wise and year-wise details of the total number of accounts, total deposit and  total  advances,  outstanding  of  PSBs  as  on  31 st   Mar  of  each  of  the  last  ten  years  is  at Annexure 2.

A  paper  from  India  Policy  Forum,  National  Council  of  Applied  Economic  Research  on 'Privatisation of Public Sector Banks in India: Why, How and How Far?' was shared with the Government recently which proposes to privatise all PSBs except State Bank of India (SBI) for now. In the Union Budget for the financial year (FY) 2021-22, 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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## Annexure 1

## Lok Sabha starred question no. 206, 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 starred question no. 206, regarding Public Sector Bank

## a. Total deposits outstanding -

(Amount in crore Rs.)

| Bank Name              | 31-03-2013   | 31-03-2014   | 31-03-2015   | 31-03-2016   | 31-03-2017   | 31-03-2018   | 31-03-2019   | 31-03-2020   | 31-03-2021   | 31-03-2022   |
|------------------------|--------------|--------------|--------------|--------------|--------------|--------------|--------------|--------------|--------------|--------------|
| Bank of Baroda 1       | 5,35,930     | 6,13,378     | 8,59,839     | 8,16,910     | 8,48,630     | 8,54,733     | 9,15,159     | 9,45,984     | 9,66,997     | 10,45,939    |
| Bank of India          | 2,94,067     | 3,63,590     | 5,31,907     | 5,13,005     | 5,40,032     | 5,20,854     | 5,20,862     | 5,55,505     | 6,27,114     | 6,27,896     |
| Bank of Maharashtra    | 94,337       | 1,16,803     | 1,22,119     | 1,38,990     | 1,39,053     | 1,38,981     | 1,40,650     | 1,50,066     | 1,74,006     | 2,02,294     |
| Canara Bank 2          | 5,09,162     | 5,85,819     | 7,29,228     | 7,41,527     | 7,55,836     | 7,97,548     | 8,58,930     | 9,06,621     | 10,10,875    | 10,86,409    |
| Central Bank of India  | 2,26,038     | 2,40,075     | 2,55,572     | 2,66,184     | 2,96,671     | 2,94,839     | 2,99,855     | 3,13,763     | 3,29,973     | 3,42,672     |
| Indian Bank 3          | 3,12,476     | 3,42,685     | 3,62,649     | 3,78,930     | 3,84,379     | 4,21,898     | 4,56,410     | 4,88,834     | 5,38,071     | 5,93,618     |
| Indian Overseas Bank   | 1,95,457     | 2,19,731     | 2,46,049     | 2,24,514     | 2,11,343     | 2,16,832     | 2,22,534     | 2,22,952     | 2,40,288     | 2,62,159     |
| Punjab and Sind Bank   | 70,642       | 84,730       | 86,715       | 91,250       | 85,540       | 1,01,726     | 98,558       | 89,668       | 96,108       | 1,02,137     |
| Punjab National Bank 4 | 6,51,876     | 7,23,471     | 8,14,206     | 8,78,367     | 9,67,983     | 9,78,899     | 10,43,659    | 10,71,569    | 11,06,332    | 11,46,218    |
| State Bank of India 5  | 15,45,842    | 17,40,365    | 20,41,795    | 22,41,470    | 25,85,593    | 27,06,343    | 29,11,386    | 32,41,621    | 36,81,277    | 40,51,534    |
| UCO Bank               | 1,58,386     | 1,82,730     | 2,14,337     | 2,07,118     | 2,01,285     | 1,81,849     | 1,97,907     | 1,93,203     | 2,05,919     | 2,24,073     |
| Union Bank of India 6  | 5,50,799     | 6,28,050     | 6,71,228     | 7,22,193     | 7,94,392     | 7,99,888     | 8,20,304     | 8,68,633     | 9,23,805     | 10,32,393    |

Source: Reserve Bank of India (Data for 31-03-2013 & 31-03-2014 is for Domestic Operations. Data w.e.f. 31-3-2015 is for Global operations)

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

2  Syndicate Bank is merged into Canara Bank w.e.f. 1 st  April, 2020

3  Allahabad Bank is merged into Indian Bank w.e.f. 1 st  April, 2020

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

5  State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore and Bharatiya Mahila Bank Ltd. Merged with the State Bank of India w.e.f. 1 st  April, 2017.

6  Andhra Bank and Corporation Bank are merged into Union Bank w.e.f. 1 st  April, 2020

## b. Gross loans and advances outstanding -

| Bank Name              | 31-03-2013   | 31-03-2014   | 31-03-2015   | 31-03-2016   | 31-03-2017   | 31-03-2018   | 31-03-2019   | 31-03-2020   | 31-03-2021   | 31-03-2022   |
|------------------------|--------------|--------------|--------------|--------------|--------------|--------------|--------------|--------------|--------------|--------------|
| Bank of Baroda 1       | 3,65,527     | 4,38,901     | 6,05,601     | 5,82,093     | 5,82,870     | 6,53,660     | 6,97,824     | 7,38,096     | 7,51,590     | 8,18,121     |
| Bank of India          | 2,04,036     | 2,64,260     | 4,10,661     | 3,81,662     | 3,93,788     | 3,75,995     | 3,82,860     | 4,16,521     | 4,10,436     | 4,57,014     |
| Bank of Maharashtra    | 76,397       | 90,369       | 1,01,210     | 1,11,240     | 1,01,537     | 94,645       | 93,467       | 94,889       | 1,07,654     | 1,35,240     |
| Canara Bank 2          | 3,53,001     | 4,27,894     | 5,40,910     | 5,42,997     | 5,62,370     | 6,24,190     | 6,61,364     | 6,60,717     | 6,75,155     | 7,41,147     |
| Central Bank of India  | 1,76,234     | 1,83,321     | 1,94,967     | 1,90,153     | 1,53,008     | 1,77,484     | 1,67,729     | 1,72,244     | 1,76,913     | 1,89,716     |
| Indian Bank 3          | 2,25,783     | 2,51,849     | 2,81,927     | 2,90,339     | 2,90,248     | 3,29,161     | 3,51,448     | 3,68,663     | 3,90,317     | 4,15,625     |
| Indian Overseas Bank   | 1,44,894     | 1,61,998     | 1,79,041     | 1,72,727     | 1,56,776     | 1,50,999     | 1,51,996     | 1,34,771     | 1,39,597     | 1,55,801     |
| Punjab and Sind Bank   | 51,843       | 57,858       | 64,796       | 65,277       | 60,263       | 69,739       | 72,747       | 62,564       | 67,811       | 70,387       |
| Punjab National Bank 4 | 4,83,017     | 5,32,429     | 6,09,531     | 6,57,826     | 6,78,692     | 6,88,194     | 7,50,867     | 7,62,721     | 7,39,407     | 7,85,104     |
| State Bank of India 5  | 12,49,817    | 13,94,524    | 17,19,502    | 19,07,805    | 19,52,512    | 20,48,387    | 22,93,454    | 24,22,845    | 25,39,393    | 28,18,671    |
| UCO Bank               | 1,19,205     | 1,40,228     | 1,51,812     | 1,35,508     | 1,31,655     | 1,23,990     | 1,19,573     | 1,14,961     | 1,18,405     | 1,29,777     |
| Union Bank of India 6  | 4,18,386     | 4,66,042     | 5,40,041     | 5,59,802     | 6,00,520     | 6,06,400     | 6,39,130     | 6,66,117     | 6,53,684     | 7,16,408     |

(Amount in crore Rs.)

Source: Reserve Bank of India (Data for 31-03-2013 & 31-03-2014 is for Domestic Operations. Data w.e.f. 31-3-2015 is for Global operations)

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

2  Syndicate Bank is merged into Canara Bank w.e.f. 1st April, 2020

3  Allahabad Bank is merged into Indian Bank w.e.f. 1st April, 2020

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

5  State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore and Bharatiya Mahila Bank Ltd. merged with the State Bank of India w.e.f. 1 st  April, 2017.

6  Andhra Bank and Corporation Bank are merged into Union Bank w.e.f. 1st April, 2020

## c. Total number of deposit and credit accounts -

| Period   | Total number of deposit and credit accounts with PSBs*   |
|----------|----------------------------------------------------------|
| Mar-13   | 8,58,620                                                 |
| Mar-14   | 10,08,100                                                |
| Mar-15   | 11,76,170                                                |
| Mar-16   | 13,23,536                                                |
| Mar-17   | 14,62,054                                                |
| 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                                                |

(Number in thousand)

Source: Reserve Bank of India (Data for 31-03-2013 & 31-03-2014 is for Domestic Operations. Data w.e.f. 31-3-2015 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 accounts of deposits and advances with Public Sector Banks for last ten years is provided above.

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