Government bank is a financial institution which is established by the government of the country and where the excess amount of money in the form of currency or dollar etc.
The definition of a government bank is a financial institution ran by the governing body of a country. They are typically very large and contain billions of dollars.
definition of TREASURY BILLS is... treasury bills are issued by the state bank or central bank against the loan or money taken by federal government of that state.
A person or a group of people who own the bank. In case of privately managed banks this definition holds true. In case of government banks or nationalized banks - it is the government of the country that owns the banks Ex: In India SBI - State Bank of India - is a nationalized bank - owned by Government of India KVB - Karur Vysya Bank - is a private bank owned by its promoters/owners
what is the definition of bank "drawdown"
the government bank is run by the state government and the nationalised bank is run by the federal government
definition of co op urben bank
definition of bank
A Government Bank is a bank that is fully owned by the ruling government of the country. It means that the government of the nation is the sole owning authority of the bank and it governs the functioning of the bank. Even if the bank declares bankruptcy the government holds the responsibility of returning all the money that was deposited by the customers.
The largest bank in India is State Bank of India. State Bank of India is a government bank. The Government of India owns the bank and controls the functioning of the bank. All employees of SBI are considered government employees and they are directly answerable to the government of India.
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yes axis is the semi - government bank
Bank charges are fees charged by and received by the bank. Government taxes and duties are fees withheld by the bank and forwarded to the respective government.
Definition of local government by different scholars