---
title: "How many banks were nationalized in 1969?"  
description: "How many banks were nationalized in 1969?"  
author: "Vritika Goel"  
published: 2017-11-15  
canonical: https://answers.mindstick.com/qa/30658/how-many-banks-were-nationalized-in-1969  
category: "indian economy"  
tags: ["economics", "current affair"]  
reading_time: 1 minute  

---

# How many banks were nationalized in 1969?

How many banks were nationalized in 1969?

## Answers

### Answer by Vishal Kesarwani

**14 large commercial banks** were **nationalized** in the year **1969** as per these banks were containing more than **80%** of the total deposits in the country. list of banks which got nationalized are given below:

1. Central Bank of India 2. Bank of Maharashtra 3. Dena Bank 4. Punjab National Bank 5. Syndicate Bank 6. Canara Bank 7. Indian Bank 8. Indian Overseas Bank 9. Bank of Baroda 10. Union Bank 11. Allahabad Bank 12. United Bank of India 13. UCO Bank 14. Bank of India

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