When you think about banking, the first preference goes to Nationalized Public Sector Commercial Banks like SBI, Canera Bank, Bank of Baroda etc. Why do people give higher privilege to Nationalized banks? The basic answer is very simple - India Govt. has a good control over Nationalized Commercial Banks. They are forced to follow the instructions issued by Central Govt. and RBI. They are dominating over 90% of the banking sector in India that plays big economic role of India's development.

Here is the latest and updated details of Public Sector Commercial Banks in India that counts all are Nationalized Banks except IDBI Bank Limited. IDBI is a New Generation Government Owned Bank categorized under a New Sub-Group "Other Public Sector Banks". It also treated on par with Nationalised Banks.