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Government banks in India, also known as public sector banks, are financial institutions where the government holds a majority stake, typically over 50%. These banks play a crucial role in India's economy by providing reliable banking services, promoting financial inclusion, and implementing government schemes across urban and rural areas. Prominent government banks include the State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda, and Canara Bank. With extensive branch networks and strong government backing, these banks are trusted for savings, loans, and other financial products nationwide.
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