Nifty PSU Bank List | Top PSU Bank Equities Stock List

admin 2 years ago 2 min read

What is Nifty PSU Bank

PSUs or public sector undertakings are closely linked to the core sectors of the economy. These undertakings are majority owned by the Government.

In the PSU Banks there is a major type of government owned banks, where a majority stake is held by the Ministry of Finance of the Government of India or Ministry of Finance of various State governments of India. The officers working in these entities are equivalent to gazette officers.

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The shares of these banks are listed on stock exchanges. Most of the shares are owned by the Reserve Bank of India.

Nifty PSU Bank List with Market Capitalization

Sr.No	Index Name	Market Capitalization (cr)	Sector
1	State Bank of India	384070.66	Financials->Public Banks
2	Punjab National Bank	47402.42	Financials->Public Banks
3	Bank of Baroda Ltd	43930.72	Financials->Public Banks
4	IDBI Bank Ltd	41611.80	Financials->Public Banks
5	Indian Overseas Bank	39789.58	Financials->Public Banks
6	Bank of India Ltd	29288.91	Financials->Public Banks
7	Union Bank of India Ltd	25561.96	Financials->Public Banks
8	Canara Bank Ltd	25483.27	Financials->Public Banks
9	Central Bank of India Ltd	18012.95	Financials->Public Banks
10	Bank of Maharashtra Ltd	17187.62	Financials->Public Banks
11	Indian Bank	16494.40	Financials->Public Banks
12	UCO Bank	16379.66	Financials->Public Banks
13	Punjab & Sind Bank	8186.39	Financials->Public Banks

The process to buy Equity in Stock Market is very easy in 7 steps

Open demat account with a depository participant (DP).
Open a trading account with a broker.

Link your bank account with demat and trading account.
The broker buys or sells the shares by executing orders on the electronic terminal provided by the stock exchange.
A contract note is issued by the broker detailing the value of shares purchased plus his brokerage cost.
The broker collects shares via settlement process (T+1) and makes payment on the behalf of investor.
Order gets executed on the final settlement date (T+2).