Yes. State Bank of Mysore is a public sector bank and is fully owned by the Government of India. It is a subsidiary bank of the State Bank of India along with many others like State Bank of Travancore, State Bank of Maharashtra etc. it is one of the largest banks in the state of Karnataka and is widely present all over the country.
State Bank of India is the largest public sector bank in India
State Bank of Mysore was created in 1913.
State Bank of Mysore was established in the year 1913 as Bank of Mysore under the patronage of Government of Mysore. Subsequently, in the year 1960, the bank became an Associate (Subsidiary) of State Bank of India. SBI holds 92.33% shares of State Bank of Mysore.
State Bank Of India
demand draft number in state bank of mysore
State Bank of India
The first nationalized or public sector bank of India was State Bank of India. It was nationalized in the year 1955. Subsequently many banks were nationalized in the year 1969 and some more in 1980. SBI is also the largest bank in India.
other publick sector bank
A scheduled bank is a private sector bank given a schedule status by the RBI while a Public sector bank is a government undertaking bank .Some scheduled bank were nationalised to merge with other public sector bank or operate independently as government undertaking banks.
State Bank of India and its subsidiaries, all nationalized banks.
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There are numerous banks in India. A bank that is not owned by a private individual or a company is not a private sector bank. Ex: A bank that is owned by the government is not a private sector bank and is called a public sector bank. Ex: 1. State Bank of India 2. Bank of Baroda 3. Indian Bank 4. Indian Overseas Bank 5. etc.