Lic of india staff co nationalised banks in india list pdf bank. This page was last edited on 9 February 2018, at 10:24.
Structure of the organised banking sector in India. Number of banks are in brackets. General Bank of India, established in 1786 but failed in 1791. In 1980, 6 more private banks were nationalised. They dominate the banking sector because of their large size and widespread networks. The scheduled banks are those included under the 2nd Schedule of the Reserve Bank of India Act, 1934.