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When the banks in India was nationalised?
banks in india was nationalised in 1969
No. of banks nationalised with their limits?
17 banks
Are employees in nationalised banks government employees?
i want to know whether the employees of the nationalised banks are the government employee
What is the difference between commercial banks and nabard and sidbi?
Commercial Banks are of 2 kinds: Private and Nationalised Private Commercial banks are private sector banks like ICICI, Citibank, etc, which have no government stake in them. Nationalised Commercial banks are government owned commercial banks like SBI, Canara Bank, Punjab National Bank, etc. The government holds a large stake in these banks. NABARD and SIDBI fall under what are known as Development Banks. Development banks are those banks which mainly have 2 funcitons: One, to act as refinanciers, diverting funds through nationalised banks for development purposes and Two, to undertake development projects like training and supporting fledgling industries. A third category of banks are known as Cooperative banks. The DCCBs or District credit cooperative banks fall under this category. All the above mentioned banks are governed and regulated by the Reserve Bank of India.
When did banks nationalised?
Jan 19, 2009
What are the main functions of nationalised banks?
The functions of nationalized and private banks don't differ much. Except for the fact that nationalized banks are owned by the government, they do exactly the same thing private banks do. One difference I can think of is that, they operate in rural areas where private banks don't see any profitability to operate. They may help provide financial services to rural people.
Is SBI a nationalised bank?
No, SBI is not a nationalised bank. It is one of the greatest bank. It is a public bank but not a nationalised bank. Right now 19 banks were nationalised out of 20, in which SBI i.e. State Bank Of India is not included.
Is kvb bank nationalised?
no, its a private bank and it is not nationalized yet !
What is the total salary of a clerk in 19 nationalised banks?
According to a conducted research, the salary of a clerk in the nineteen nationalised banks is about fourteen thousand and four hundred Indian Rupees.
Number of Nationalised banks in India?
23 nationalized bank
What is the position of syndicate bank in nationalised banks?
5th position
Is the clerical salary equal in all nationalised banks?
yes
