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The Nifty PSU Bank is NSE India’s sectoral Index of equity stocks belonging to India’s Public Sector Banking Services Companies. The NIFTY PSU Bank Index is designed to reflect the behavior and performance of the public sector banks. Effective December 27, 2019, all Public Sector Banks traded (listed & traded and not listed but permitted to trade) at the National Stock Exchange (NSE) are eligible for inclusion in the Index subject to the fulfillment of other inclusion criteria listing history and trading frequency. The base date of the Index is January 1, 2004, and the base value of 1000 points.