In 2014, the number of public sector banks in India was

In 2014 India had 27 public sector banks: 19 nationalised banks, the State Bank of India and its 5 associate banks, Bharatiya Mahila Bank (set up in November 2013) and IDBI Bank. Later mergers, which took effect by 1 April 2020, and the recategorisation of IDBI Bank as a private bank in 2019 brought the number down to 12.