PSU List in India 2026: All PSU Companies
Updated
1. PSU List in India 2026: All PSU Companies – Overview
PSU List in India 2026: Public Sector Undertakings (PSUs) play an important role in India's economy, providing employment opportunities in engineering, finance, management, IT, energy, defence, banking and other sectors. The Government of India classifies eligible Central Public Sector Enterprises (CPSEs) into Maharatna, Navratna and Miniratna categories according to prescribed criteria.
This guide explains the PSU list in India, major companies, public sector banks, recruitment through GATE, eligibility, salary structure and how to find the latest PSU vacancies.
Updated: October 2026
2. Quick Details
| Particulars | Details |
|---|---|
| Article Topic | PSU List in India 2026 |
| Maharatna Companies | 14 in DPE Annual Report 2024–25; verify latest status |
| Navratna Companies | Verify latest official DPE list |
| Miniratna Companies | Category I and Category II; verify latest official list |
| Operating CPSEs | 291 in Public Enterprises Survey 2024–25 |
| Major Sectors | Oil & Gas, Power, Mining, Steel, Defence, Railways, Banking |
| PSU Recruitment Routes | GATE, direct recruitment, written examinations, interviews and apprenticeships |
| Official Classification Source | Department of Public Enterprises |
| Latest PSU Jobs | Check PSU Jobs on Govtpvt (https://govtpvt.com/govt-job/latest-jobs?category=PSU) |
3. PSU List in India 2026: Overview
A Public Sector Undertaking is an enterprise owned or controlled by the government. Central PSUs operate across the country in strategic and commercial sectors, while state PSUs are owned or controlled by individual state governments.
The Department of Public Enterprises (DPE) publishes information about Central Public Sector Enterprises and their classifications. The Public Enterprises Survey provides information about the performance of CPSEs.
The three main CPSE categories are:
- Maharatna: CPSEs with the highest level of autonomy among these three categories.
- Navratna: Eligible CPSEs granted additional financial and managerial autonomy.
- Miniratna: Eligible CPSEs classified under Category I or Category II.
Public sector banks and government-owned insurance companies are also important public-sector employers, but they should not automatically be counted as Maharatna, Navratna or Miniratna CPSEs.
4. What Is a PSU in India?
PSU stands for Public Sector Undertaking. The term is commonly used for government-owned or government-controlled enterprises involved in commercial, industrial and public-service activities.
5. CPSE vs State PSU vs Public Sector Bank
| Type | Meaning | Examples |
|---|---|---|
| Central Public Sector Enterprise (CPSE) | Enterprise covered by the Central Government's public-sector enterprise framework | ONGC, NTPC, Coal India |
| State PSU | Enterprise owned or controlled by a state government | State electricity companies and transport corporations |
| Public Sector Bank | Bank operating under the public-sector banking framework | SBI, Punjab National Bank |
| Public Sector Insurance Company | Government-owned insurance enterprise | LIC, GIC Re, New India Assurance |
Government ownership is an important factor, but the legal definition varies by organisation type. Do not assume that a single 51% ownership rule applies universally to every PSU, statutory corporation, bank or public financial institution.
7. List of Maharatna Companies in India
The following companies appeared in the Maharatna classification in the DPE Annual Report 2024–25. Verify the latest DPE list before treating this as the definitive October 2026 classification.
| No. | Company | Sector | Headquarters | Official Website | Latest Jobs |
|---|---|---|---|---|---|
| 1 | Oil and Natural Gas Corporation (ONGC) | Oil and Gas | New Delhi | Official Website (https://ongcindia.com/) | ONGC Jobs (https://ongcindia.com/) |
| 2 | Indian Oil Corporation Limited (IOCL) | Oil and Petroleum | New Delhi | Official Website (https://iocl.com/) | Indian Oil Jobs (https://iocl.com/) |
| 3 | NTPC Limited | Power Generation | New Delhi | Official Website (https://ntpc.co.in/) | NTPC Jobs (https://ntpc.co.in/) |
| 4 | Coal India Limited (CIL) | Coal Mining | Kolkata | Official Website (https://www.coalindia.in/) | Coal India Jobs (https://www.coalindia.in/) |
| 5 | Steel Authority of India Limited (SAIL) | Steel | New Delhi | Official Website (https://www.sail.co.in/) | SAIL Jobs (https://www.sail.co.in/) |
| 6 | Bharat Heavy Electricals Limited (BHEL) | Heavy Engineering | New Delhi | Official Website (https://www.bhel.com/) | BHEL Jobs (https://www.bhel.com/) |
| 7 | Bharat Petroleum Corporation Limited (BPCL) | Oil Refining and Marketing | Mumbai | Official Website (https://www.bharatpetroleum.in/) | BPCL Jobs (https://www.bharatpetroleum.in/) |
| 8 | Hindustan Petroleum Corporation Limited (HPCL) | Oil Refining and Marketing | Mumbai | Official Website (https://www.hindustanpetroleum.com/) | HPCL Jobs (https://www.hindustanpetroleum.com/) |
| 9 | Power Grid Corporation of India Limited (POWERGRID) | Power Transmission | Gurugram | Official Website (https://www.powergrid.in/) | POWERGRID Jobs (https://www.powergrid.in/) |
| 10 | Power Finance Corporation Limited (PFC) | Power-Sector Finance | New Delhi | Official Website (https://www.pfcindia.com/) | PFC Jobs (https://www.pfcindia.com/) |
| 11 | Rural Electrification Corporation Limited (REC) | Infrastructure Finance | New Delhi | Official Website (https://recindia.nic.in/) | REC Jobs (https://recindia.nic.in/) |
| 12 | GAIL (India) Limited | Natural Gas | New Delhi | Official Website (https://gailonline.com/) | GAIL Jobs (https://gailonline.com/) |
| 13 | Oil India Limited (OIL) | Oil and Gas Exploration | Duliajan, Assam | Official Website (https://www.oil-india.com/) | Oil India Jobs (https://www.oil-india.com/) |
| 14 | Hindustan Aeronautics Limited (HAL) | Aerospace and Defence | Bengaluru | Official Website (https://hal-india.co.in/) | HAL Jobs (https://hal-india.co.in/) |
9. List of Miniratna Category I and II Companies
Miniratna CPSEs are divided into Category I and Category II. Their classifications depend on profitability, net worth and the applicable government criteria.
Examples of companies associated with Miniratna classifications in government or company material include:
- Airports Authority of India (AAI)
- Central Warehousing Corporation (CWC)
- Garden Reach Shipbuilders & Engineers (GRSE)
- Goa Shipyard Limited (GSL)
- India Tourism Development Corporation (ITDC)
- National Small Industries Corporation (NSIC)
- Rail Vikas Nigam Limited (RVNL)
- Bridge and Roof Company (India) Limited
- Central Electronics Limited (CEL)
- Hindustan Shipyard Limited (HSL)
The category of each company can change. Consult the latest DPE list to confirm which companies currently hold Miniratna Category-I or Category-II status. The examples above should not be treated as the complete list.
10. List of Public Sector Banks in India
Public sector banks offer recruitment opportunities in banking, finance, technology, operations, risk management and administration.
| No. | Bank | Official Website |
|---|---|---|
| 1 | State Bank of India | sbi.co.in (https://sbi.co.in/) |
| 2 | Bank of Baroda | bankofbaroda.in (https://www.bankofbaroda.in/) |
| 3 | Bank of India | bankofindia.co.in (https://bankofindia.co.in/) |
| 4 | Bank of Maharashtra | bankofmaharashtra.in (https://bankofmaharashtra.in/) |
| 5 | Canara Bank | canarabank.com (https://canarabank.com/) |
| 6 | Central Bank of India | centralbankofindia.co.in (https://centralbankofindia.co.in/) |
| 7 | Indian Bank | indianbank.in (https://indianbank.in/) |
| 8 | Indian Overseas Bank | iob.in (https://iob.in/) |
| 9 | Punjab & Sind Bank | punjabandsind.bank.in (https://punjabandsind.bank.in/) |
| 10 | Punjab National Bank | pnbindia.in (https://pnbindia.in/) |
| 11 | UCO Bank | ucobank.com (https://ucobank.com/) |
| 12 | Union Bank of India | unionbankofindia.co.in (https://www.unionbankofindia.co.in/) |
11. Major Public Sector Insurance Companies
- Life Insurance Corporation of India (LIC): licindia.in (https://licindia.in/)
- General Insurance Corporation of India (GIC Re): gicre.in (https://www.gicre.in/)
- New India Assurance Company Limited: newindia.co.in (https://www.newindia.co.in/)
- National Insurance Company Limited: nationalinsurance.nic.co.in (https://nationalinsurance.nic.co.in/)
- Oriental Insurance Company Limited: orientalinsurance.org.in (https://orientalinsurance.org.in/)
- United India Insurance Company Limited: uiic.co.in (https://uiic.co.in/)
Recruitment may include administrative officers, assistants, finance professionals, actuaries and specialist positions, depending on the employer's notification.
12. PSU List by Sector
| Sector | Major Public-Sector Companies |
|---|---|
| Oil and Gas | ONGC, IOCL, BPCL, HPCL, GAIL, Oil India |
| Power | NTPC, POWERGRID, NHPC, SJVN, NLC India |
| Mining | Coal India, NMDC, NALCO |
| Steel and Engineering | SAIL, BHEL, RINL |
| Defence | HAL, BEL, BEML and defence shipyards |
| Railways and Transport | IRCTC, IRFC, IRCON, RITES, RailTel, CONCOR |
| Banking | SBI and other public sector banks |
| Telecommunications | BSNL, RailTel and other relevant public-sector enterprises |
This is a sector guide, not a complete classification of every CPSE. Some companies operate across multiple industries.
13. Top 10 Government Companies in India
A top 10 ranking must specify whether it uses revenue, market capitalisation, profit, assets or another measure. The ranking may change depending on the metric and financial year.
Major public-sector companies to consider when preparing a financial ranking include:
- Indian Oil Corporation Limited
- Oil and Natural Gas Corporation
- NTPC Limited
- Coal India Limited
- Bharat Petroleum Corporation Limited
- Hindustan Petroleum Corporation Limited
- Power Grid Corporation of India Limited
- Steel Authority of India Limited
- GAIL (India) Limited
- Bharat Heavy Electricals Limited
This is an illustrative list of major public-sector enterprises, not a verified numerical ranking. For a published ranking, compare audited financial data for the same year or dated market-capitalisation data from a reliable official market source.
14. Biggest PSU in India
The biggest PSU in India depends on the measurement used. Indian Oil Corporation, ONGC, NTPC and Coal India are among the country's major public-sector enterprises, but the leader by annual revenue may differ from the leader by market capitalisation, profit or assets. Always compare companies using the same metric and financial year.
15. How to Get a Job in a PSU
PSUs recruit engineering graduates, diploma holders, commerce graduates, management professionals, IT specialists, technicians, apprentices and administrative staff.
16. 1. PSU Recruitment Through GATE
Several CPSEs have used GATE scores for engineering trainee or executive recruitment in specified disciplines. The participating companies and accepted GATE papers vary by recruitment cycle.
Steps to follow:
- Choose the GATE paper matching your engineering discipline.
- Read the company's official recruitment notification.
- Check the accepted GATE year, paper code, marks and age criteria.
- Submit a separate PSU application if required.
- Prepare for interviews, document verification and medical examinations where applicable.
A GATE score does not guarantee selection. The company notification is the final authority.
17. 2. Direct PSU Recruitment
PSUs also recruit through company-specific examinations, computer-based tests, interviews and other selection procedures.
Direct recruitment may be available for finance, HR, legal, IT, management, technician, operator and specialist roles. Eligibility and selection stages vary by vacancy.
18. 3. Apprenticeship and Trainee Recruitment
Apprenticeship opportunities are available in some organisations for eligible ITI, diploma and graduate candidates. These programmes provide practical experience, but an apprenticeship does not guarantee permanent employment.
19. 4. Educational Qualification
- Engineering graduates: B.E./B.Tech in the specified discipline.
- Diploma holders: Relevant diploma for technician, diploma trainee or apprenticeship positions.
- Commerce graduates: B.Com, M.Com, CA, CMA or another prescribed qualification for finance and accounts roles.
- Management candidates: MBA, PGDM or other qualifications for relevant positions.
- IT candidates: Computer science, IT, software, networking or cybersecurity qualifications where specified.
Minimum marks, age limits, experience and reservation-related relaxations depend on the official recruitment notice.
20. PSUs That Recruit Through GATE
The following companies have used GATE scores for certain engineering recruitment cycles. Check the current notification before assuming a company is accepting GATE scores in 2026.
| PSU | Potential Disciplines | What to Verify |
|---|---|---|
| ONGC | Selected engineering and technical disciplines | Accepted GATE paper and recruitment year |
| NTPC | Electrical, mechanical, electronics, instrumentation and other notified branches | Current recruitment notice |
| POWERGRID | Electrical, electronics, civil and other notified branches | Accepted paper codes |
| GAIL | Selected engineering and technical disciplines | Current recruitment route |
| Indian Oil | Selected engineering and technical disciplines | Accepted discipline and GATE year |
| Oil India | Selected engineering and technical disciplines | Current recruitment notice |
| NPCIL | Selected engineering disciplines, depending on the recruitment route | Whether GATE is accepted for that vacancy |
GATE participation changes from year to year. Confirm the accepted paper code, score validity, discipline, qualifying criteria and application procedure in the official notice.
21. PSU Salary and Benefits
PSU salary depends on the company, grade, role, location and applicable pay rules. Executive positions may use Industrial Dearness Allowance (IDA) pay scales, including grades such as E1 or E2. Exact pay ranges must be checked in the relevant recruitment advertisement.
Depending on the employer, benefits may include:
- Basic pay and applicable dearness allowance.
- House rent allowance or company accommodation, where provided.
- Medical facilities and employee welfare benefits.
- Provident fund, gratuity and applicable retirement benefits.
- Performance-related pay, where applicable.
- Leave, travel concessions and other benefits under company rules.
Compare the full compensation structure rather than only basic pay. Check the posting location, probation, bond, service conditions and deductions before accepting an offer.
22. PSU Job vs Government Job vs Private Job
| Factor | PSU Job | Government Department Job | Private Job |
|---|---|---|---|
| Employer | Public-sector enterprise | Government department or public authority | Private company |
| Recruitment | GATE, company tests, interviews or other notified methods | UPSC, SSC, state commissions or departmental recruitment | Employer-specific selection |
| Salary | Company grade and pay rules | Applicable government pay rules | Employer-defined compensation |
| Career growth | Company promotion and performance rules | Service and promotion rules | Company career framework |
| Work environment | Depends on company and role | Depends on department and service | Depends on company and role |
There is no universal winner. Compare the actual role, salary, location, service conditions and long-term career goals.
23. How to Find Genuine PSU Recruitment Notifications
- Visit the company's official careers or recruitment page.
- Read the complete notification, including annexures and corrigenda.
- Verify application dates, age cutoff, educational requirements and accepted GATE score, if applicable.
- Apply only through the official or authorised portal.
- Keep the application number, fee receipt, submitted form and admit card.
- Check official updates for results, admit cards and answer keys.
Browse the latest government jobs (https://govtpvt.com/govt-job/latest-jobs) or visit the dedicated PSU jobs section (https://govtpvt.com/govt-job/latest-jobs?category=PSU) on Govtpvt. You can also check Sarkari results (https://govtpvt.com/govt-job/latest-results), admit cards (https://govtpvt.com/govt-job/admit-cards) and answer keys (https://govtpvt.com/govt-job/answer-keys).
24. Conclusion
The PSU list in India covers a wide range of enterprises in energy, power, mining, steel, defence, transport, finance and other industries. Understanding the difference between Maharatna, Navratna and Miniratna classifications can help candidates research employers, but the category alone does not determine recruitment frequency or salary.
Check the official notification for eligibility, application dates, selection stages and pay before applying. Explore the latest PSU recruitment notifications on Govtpvt (https://govtpvt.com/govt-job/latest-jobs?category=PSU) and keep checking for new vacancies, results, admit cards and answer keys.
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25. Frequently Asked Questions
The Public Enterprises Survey 2024–25 reports 291 operating CPSEs. This does not include every state PSU, public sector bank, insurer or government-owned institution. A current all-India total requires combining separate official lists without double-counting organisations.
The DPE Annual Report 2024–25 lists 14 Maharatna CPSEs. Because classifications can change, check the latest Department of Public Enterprises list before relying on this number as the current October 2026 total.
These are categories for eligible central public-sector enterprises that determine different levels of financial and managerial autonomy. Maharatna is the highest of the three, followed by Navratna and Miniratna. Each category has government-prescribed eligibility and performance criteria.
The answer depends on the metric used. A company leading by revenue may not lead by market capitalisation, profit or assets. Compare companies using the same metric and financial year, preferably using audited annual reports or official government publications.
Some CPSEs recruit engineering trainees or executives using GATE scores in specified disciplines. Participating companies, accepted paper codes and eligible GATE years vary. Candidates must check each recruitment notice rather than assume every PSU accepts GATE.
Yes. Public-sector enterprises, banks and insurers may recruit for finance, accounts, administration, clerical, specialist and management positions. The required qualification may be B.Com, M.Com, CA, CMA, MBA or another credential depending on the advertised post.
PSU pay depends on the organisation, grade, role, location and applicable pay rules. Executive compensation may include basic pay, IDA and eligible benefits. Check the salary table in the relevant recruitment notice instead of relying on one figure for all PSUs.
A regular PSU appointment is employment with a public-sector enterprise and is not necessarily a civil-service appointment in a government department. Contract, apprenticeship and trainee positions have different terms. Check the appointment type and service conditions in the offer.
Use the official careers page of the relevant company and the Department of Public Enterprises for classification information. Govtpvt also maintains a dedicated PSU jobs listing (https://govtpvt.com/govt-job/latest-jobs?category=PSU) to help candidates discover recruitment updates.
It depends on the role and the candidate's priorities. A PSU may offer a structured pay framework and public-sector benefits, while a private employer may offer different growth, compensation or flexibility. Compare the actual offer and long-term prospects.