Q. What is the total number of nationalized banks in India?
Answer: 12
Notes: The number of nationalised banks in India has been significantly reduced after the government in 2021 merged 10 PSBs into four banks. As of January 2024, there are 12 national banks in India. These are: Bank of Baroda; Bank of India; Bank of Maharashtra; Canara Bank; Central Bank of India; Indian Bank; Indian Overseas Bank; Punjab National Bank; Punjab & Sind Bank; Union Bank of India; UCO Bank and State Bank of India.