The central government purchases the shares of private shareholders by payment double the amount of shares worth.
banks in india was nationalised in 1969
water resources should be nationalised
what do you mean by clearance in banking
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.
IDBI bank is Nationalised bank
no, its a private bank and it is not nationalized yet !
1. It discourages the initiative of branches as branch managers have limited powers and most of the time they want for the clearance from regional offices or head offices. 2. Branch banking encourages monopolistic conditions in the banking because a few big banks control the banking business over the entire length and breadthe of the country.
1949
The verb for national is nationalise.Nationalises, nationalising and nationalised are also verbs."We are nationalising the industries"."They have been nationalised".
i want to know whether the employees of the nationalised banks are the government employee
NO
Yes it is