In India Nationalized banks have great dominance over private banks as it has fully authority to look after the function and policy of private banks. Imperial Bank was the first banks that was nationalized in 1955 and became famous as State Bank of India.
After that many banks got the certification of nationalized bank . Some famous banks example are listed bellow.
After that many banks got the certification of nationalized bank . Some famous banks example are listed bellow.
| Name | Formation | Nationalization | Speed Post | Logo |
| Reserve Bank of India (RBI) | 1935 | 1949 | Central Bank In India |  |
| Central Bank Of India | 1911 | 1969 | First Indian Bank started as total owned by Indians |  |
| Bank Of India | 1906 | 1969 | One of the major nationalized bank of India |  |
| Union Bank Of India (UBI) | 1919 | 1969 | Mahatma Gandhi inaugurated its head office in Mumbai has been listed on Forbes 2000 |  |
| UCO Bank [formerly United Commercial Bank ] | 1943 | 1969 | Established by GD birla |  |
| United Bank of India | 1950 | 1969 | Formed with the amalgation of Comilla Banking Corp, Bengal Central Bank , Comilla Union Bank and Hooghly Bank |  |
| Canara Bank | 1906 | 1969 | In 1985 , it acquired Lakshmi Commercial Bank as Part of rescue operations. |  |
| Syndicate Bank | 1925 | 1969 | First bank of start PIGMY DEPOSIT scheme by making daily collection of small saving from individual depositors. |  |
| Punjab National Bank (PNB) | 1894 | 1969 | 3rd largest bank in India by assets , currently 2nd largest state-owned commercial bank |  |
| Indian Bank | 1907 | 1969 | Founded by Annamalai and Ramaswami Chettiar |  |
| Indian Overseas Bank | 1937 | 1969 | It took over Bharat Overseas Bank in 2007 |  |
| Dana Bank | 1938 | 1969 | Was formed under the name Devkaran Nanjee Banking Company Ltd later name changed to Dana bank Ltd. |  |
| Bank of Maharashtra | 1935 | 1969 | It has achieved 100% core banking solution of all its over 1510 branches |  |
| Allahabad Bank | 1865 | 1969 | It is acknowledged as the oldest nationalized Bank. In 1989 United Industrial Bank Ltd merged with it. |  |
| Bank of Baroda(BoB) | 1908 | 1969 | Founded by Maharaji Sayajirao Geakwad is the 3rd large bank after SBI and PNB |  |
| Corporation Bank | 1906 | 1980 | Changed Its name from Canara Banking Corporation Ltd to Corporation Bank in 1972 |  |
| Vijaya Bank | 1931 | 1980 | Founded by AB Shetty become a scheduled bank in 1958. |  |
| Oriental Bank Of Commerce (OBC) | 1943 | 1980 | Established by the Thapar Family one of the aggrassive smaller banks with good track record |  |
| Andhra Bank | 1923 | 1980 | One of the First bank to start credit card business in the country |  |
| Punjab & Sind Bank (PSB) | 1908 | 1980 | Considered as one of the weak banks ; last among the nationalized banks to issue its shares to public. |  |