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Very soon Axis bank became a public sector. It is totally depend on Government of India because already Lic had tried to buy Suuti stake but Government did not approve the deal but if we see recent Financial Crisess in World financial market private banks performance is very low campare to nationalised bank and another thing is nationalised banks performance is becoming very fast fantastic that why Axis bank supposed to nationalised as soon as possible because Axis bank service charges and banking rules and regulations are very high in this high inflation rate poor customer cant bare such heavey charges that from the point of customer views it must be nationalised compulsary. it is nationlised it will get benefit all the customers axis bank employees and Government also.
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∙ 12y ago
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Is Axis Bank a schedule bank?
Yes. Axis Bank is a scheduled bank in India under Private Sector Banks category.
Which one is largest public sector bank in India?
State Bank of India is the largest public sector bank in India
What is the benefit to join public sector bank over private sector bank?
The key benefit is the fact that you become a government employee because the government owns the public sector banks. So, you get all the benefits that government employees get and also you'll be eligible for a pension after you retire.
Government share in public sector bank and nationalised bank?
49%
What is difference between public sector bank and nationalised bank?
They both refer to one and the same. A public sector bank is also called a nationalized bank. 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.
Is Axis Bank a schedule bank?
Yes. Axis Bank is a scheduled bank in India under Private Sector Banks category.
Which one is largest public sector bank in India?
State Bank of India is the largest public sector bank in India
What is India's second largest private sector bank?
axis bank
What is the meaning of other public sector bank?
other publick sector bank
What is the difference between a scheduled bank and public sector bank?
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.
What is the benefit to join public sector bank over private sector bank?
The key benefit is the fact that you become a government employee because the government owns the public sector banks. So, you get all the benefits that government employees get and also you'll be eligible for a pension after you retire.
What is a difference between icici bank and Punjab national bank?
icici is a private sector bank,Punjab national bank is a public sector bank
Who public sector bank has minimum stake of govt?
dena bank
Government share in public sector bank and nationalised bank?
49%
Is Oriental Bank of commerce is a private sector?
No. Oriental Bank of Commerce is a Public Sector Bank. visit http://www.obcindia.co.in for more details about this bank.
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.
What is difference between public sector bank and nationalised bank?
They both refer to one and the same. A public sector bank is also called a nationalized bank. 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.
