Ask your Question
   (100 characters left)
Search for questions:      Advanced
Credit Cards
Car Loans
Home Loans
Personal Loan
Education Loans
Fixed Deposits
Savings Accounts
Miscellaneous
Bank ATM Auto Loan Bad credit Loan Recovery Recovery Agents Indian Bank Canara Bank Corporation Bank Loan Calculator credit card fraud HSBC Bank Vijaya Bank Deutsche Bank Credit history Credit score Used car loan Saving Account Fixed Deposit Loan Finance ICICI Bank RBI SBI Disha HDFC ABN Amro CitiBank EMI Calculator Kotak PNB Barclays Home Loan Personal Loan Credit Card Interest rate
Resolved Question:
Show me another
What are the basic difference between Public Sector Bank and Private Sector Bank
In Miscellaneous  -  Asked by J P Lodha -  6 years ago

Best Answer:
HI..Don't be confused with the name! Public sector banks are those which are operated by govt. bodies and the employees get salaries from the govt. funds. check the list of banks below:
* Allahabad Bank
* Andhra Bank
* Bank of Baroda
* Bank of India
* Bank of Maharastra
* Canara Bank
* Central Bank of India
* Corporation Bank
* Dena Bank
* Indian Bank
* Indian Overseas Bank
* Oriental Bank of Commerce
* Punjab & Sind Bank
* Punjab National Bank
* Syndicate Bank
* UCO Bank
* Union Bank of India
* United Bank of India
* Vijaya Bank
* State Bank Of India

Private sector banks are the banks which are controlled by the private lenders with the approval from the RBI their interest rates are slightly costly as compared to Public sector banks. for further information you may check out he list below:
* Bank of Punjab
* Bank of Rajasthan
* Catholic Syrian Bank
* Centurion Bank
* City Union Bank
* Dhanalakshmi Bank
* Development Credit Bank
* Federal Bank
* HDFC Bank
* ICICI Bank
* IDBI Bank
* IndusInd Bank
* ING Vysya Bank
* Jammu & Kashmir Bank
* Karnataka Bank
* Karur Vysya Bank
* Laxmi Vilas Bank
* South Indian Bank
* United Western Bank
* UTI Bank
#If you want you may verify the listing from the RBI#
6 years ago - By Praveen Yadav

Other Answers (1)
Answer 1.
Main difference is only that Public follow the RBI Interest rules strictly but private banks could have some changes but only after the approval from the RBI!
6 years ago - By Harish
Answer: Open Questions RSS
my account no-60111011000527 i would like to take mini statement
Term Insurance
Premium Calculator
my pan card no.AEZPC3827N pls let me know the civil status E-20/10,gali no.7,subash vihar
Iwant to know my loan status
View All
Discover: Resolved Questions RSS
Suggestions for companies I can consult for investment management
how can I know bank Balance
what is amount left in account no. 002620000007027 of pnb branch muni
my current account balance check
my anual income is 6 lacks. i don't have any saving plans. how much tax i have to pay?
View All
Vote: Undecided Questions
No question found.
COMPARE RATES
Compare Car Loan Rates for a used car
Get best bank for Home Loan
Best FD rates by banks
Show All...
COMPARE QUICKLY
 Select a product:
 

CALCULATORS
More Calculators...
CALCULATE QUICKLY
 Select a product:
 

NEWS THIS WEEK
Andhra Bank inaugurates new branch in Vijayawada Jun 20, 2013
LIC Housing Finance bringing fixed rate home loan soon Dec 13, 2011
Corporation bank to set up more corp excel branches Jul 18, 2014
HDFC aims for venturing into education segment Nov 11, 2011
HDFC Bank again extends teaser loan scheme May 14, 2010
News Archive
EDITORS' PICKS
Some New Ways to Save on Your Car...
Must have add-ons for luxury car insurance
All about Vintage/Classic car insurance in...
An insight into two wheeler insurance
Guide to get a an auto insurance claim...