answersLogoWhite

0

What are the functions of a nationalized bank?

User Avatar

Tierra Keeling

Lvl 10
4y ago

Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What are the functions of a nationalized bank?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is canara bank is nationalized or not?

Canara bank is a nationalized bank in India. By nationalized, it means that the Government of India owns this bank and is responsible for all the money that is deposited in it by the customers. Some other nationalized banks in India are State Bank of India, Indian Bank, Indian Overseas Bank etc.


Is axis bank is a nationalised bank?

Axis Bank is not a nationalized bank.


What is the percent of shears of government in a nationalized bank?

more than51% of govt sheares in nationalized and not even any in scheduled bank


What is natinalised banks?

A nationalized bank is a bank that is wholly or majorly owned by the government of the country where it is operating. The term nationalized banks is very common in India and is used to signify a bank that is owned by the Government of India. For ex: State Bank of India is a nationalized bank and is fully owned by the Indian government


Is Andhra bank nationalised bank?

Type your answer here... Yes it is a nationalized bank


When was andhra bank nationalized?

september 1980


Which is the intermediary bank for Punjab national bank?

yes Punjab national bank is nationalized bank


Why sbi is not a nationalised bank?

The government of India nationalized the Imperial Bank of India in 1955, with the Reserve Bank of India taking a 60% stake, and renamed it the State Bank of India.So, from then there is no need to nationalized SBI


Which is the oldest Public Sector Bank in India?

The first nationalized or public sector bank of India was State Bank of India. It was nationalized in the year 1955. Subsequently many banks were nationalized in the year 1969 and some more in 1980. SBI is also the largest bank in India.


Is Federal Bank a nationalized bank?

No. Federal Bank is a private sector bank in India. It is headquartered in Kochi, Kerala and has over 700 branches in India. It is not owned by the government of India and so it is not a nationalized bank. It is a privately held company.


What is ment by nationalized bank?

A nationalised bank - is one owned by the government of a country.


Is kvb bank nationalised?

no, its a private bank and it is not nationalized yet !