comparision of p.b and p.b
I do know the difference. What is your question?
it means that it show the difference between the cash book and bank statement
What do we write in entry account heading in bank reconcilation statment " deposit not shown in bank "
Difference between both statements may occure due to many reasons like delay in clearance of cheque from bank, bank service charges deducted by bank automatically and other many day to day transactions and that's why it is required to reconcile from time to time.
The difference between Cash on Hand from Cash in Bank is that the cash is on our hand while the other one is that cash is not in our hand but in the bank. Serioulsy, I really dont know. Thank you very much!
public bank is state owned banks whereas private banks are owned by private individuals or entities.
Most of the time, the biggest difference between pubic and private banks is that public banks typically have government ownership and private ones are businesses with strict profits in mind. Additionally, many public banks are poorly operated in comparison to their private counterparts.
icici is a private sector bank,Punjab national bank is a public sector bank
Public banks are ones that are fully or partially owned by the government of that country. A private bank is one that is owned by an individual or by a group of people.
A scheduled bank is a private sector bank given a schedule status by the RBI while a Public sector bank is a government undertaking bank .Some scheduled bank were nationalised to merge with other public sector bank or operate independently as government undertaking banks.
A nationalized bank is owned by the government (and therefore, by the people). A private bank is owned by a person or corporation.l
State bank is a nationalized bank whereas ICICI is a private bank.
yes it is a public limited private bank
Public bank: More than 50% stake owned by government. Hence controlled (management, operations etc) by govt. Private Bank: More than 50% stake owned by private individuals or institutions within the country and registered in the same country. Private management. Foreign Bank: Banks registered outside the home country and owned by individuals/institutions from another country but with branches present in home country. Has to follow regulations of both countries.
A public sector bank is one that is owned by the government of the country. Since the people decide who the government is, they are also referred to as public sector banks. The government is responsible for the money deposited into the accounts of these banks. A private sector bank is one that is owned by an independent individual or a company that is controlled by a few individuals. In short, the bank is owned by someone else and they run the bank. The person owning/running the bank is responsible for the money deposited into the accounts of these banks.
Nothing. There is no difference. Because the term public sector bank and nationalized bank refers to the same thing. A bank that is owned by the government. Since it means the same thing, there cant be any difference between the two terms.
Not always. Banks can be private or public. For example in India ICICI Bank is a private banking entity owned by a company while State Bank of India is a public entity owned by the government of India. All countries have a combination of private and public banks