Public Sector Banks are those banks in which a major part of the stake is owned by the Government. Public Sector Banks keeps a strong hold on the banking sector in India and impact the economy of the country.
The history of Banking in India dates back to the year 1770 when the first bank was started. Presently, there are more than 100 banks operating in India and providing financial services to customers.
There are 27 public sector banks in India, which provide excellent and prompt services to customers. This post describes about the top 10 public sector banks in India 2016 by market capitalization: