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1956
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When was the nationalization of Indian railway is done?
1950
When did the Nationalization of the bank took place for the first time in India?
1969
What is the interest rate on saving accounts in all nationalization banks in India?
Currently it is at a minimum of 2.5 % p.a and banks offer upto 3.5% p.a on savings accounts. p.a - per annum or per year
What were the reason of nationalisation of banks?
Before nationalisation of banks most of the banks emerged and failed in their goals, even most banks were evolved with their motives of only profit making and not supporting the development process; this was conflicts with the nations goals. Lending processes of commercial bannks were discourages the small sector industries and export promotions. Expansion of the banking sector was limited to strategic business centers like New Delhi, Mumbai and Bangalore. That's why nationalization done in 1969 by Indira Gandhi, a prime minister of India
What is the meaning of nationaligetion?
Did you mean nationalization? Nationalization is the act of nationalizing, or the state of being nationalized.
What two fiftenn letter words are spelled the same except the first letter?
Rationalization & Nationalization
What 2 fifteen letter words are spelled exactly the same except the first letter?
Rationalization and Nationalization
Classification of Banks in India?
Classification of Banks in India is done into four main classes. The classes include commercial banks, savings banks, public sector banks and private sector banks.
What is the noun of nation?
The noun is nationalization.
What are the effects of commercial bank nationalisation in India?
The effects of nationalization of the Commercial Bank in India is that it has had a positive effect on the economy. The natives of the country have directly benefited from nationalization of the bank because they own it.
Background of nationalization?
New food for thoughts on nationalization and its background from a different angle can be found at:Munoz, Lucio, 2010. Nationalization as Privatization in Reverse: Understanding the Nature of the Commons to Identify a Possible Point of Optimal Nationalization, Journal of Sustainability, Issue 3, Number 1, July 20, Rio Rancho, New Mexico USA.
What was the first thing that Roosevelt attended to as president was the?
The first important thing that FDR did was to get congress to close all the banks to stop the bank runs until audits could done and healthy banks could reopen. Answered BY: Levi M. Levitt
