Its IOC as per sales figures.
Indian Oil Corporation Limited is the country's largest commercial enterprise, with a sales turnover of Rs 1,23,628 crore ($27.47 billion) and profits of Rs 6,115 crore ($1.28 billion) for fiscal 2002. Indian Oil is the only Indian company in the Fortune 500 list of the world's 500 largest corporations, ranked 191 for the year 2003 based on fiscal 2002 performance. It is also the 17th largest petroleum company in the world.
State Bank of India is the largest public sector bank in India
SBI
Indian Railways
Bank of India is a Nationalized Public Sector Bank in India with majority stake being held of Government of India
State Bank Of India
Software Companies is the sector that is the largest employer in India.
Public Sector Enterprises (PSEs) form the subset of Public Sector Undertakings (PSUs). In India, PSUs are classified as PSEs, Central PSEs and Public Sector Banks. CPSEs are further classified as 'strategic' and 'non-strategic'. Public Sector Banks include Financial Institutions (LIC, UTI etc.) as well. According to the Annual Survey Report (2010-11) of PSUs, there are 248 CPSEs in India as of March 31, 2011.
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.
function of public sector in india
TUFF
Public Sector Bank of India..... PSU stands for Public Sector Undertaking. ...It also means that the Government owns that entity.... A Government owned bank is one that is fully owned by the national government.Which were nationalised in 1969..SBI,PNB,UNION BANK OF IND.BoB ETC are some solid psu....
Mr. O.P. Bhatt is the present Chairman (Head) of State Bank of India. SBI is the largest bank in India and is also the largest public sector bank in India. It has more than 16,000 branches in India which is the largest banking branch network in India.