When a Company is nationalised or floated by the Government, the eventual owners are the citizens of the country through their Government. It is the Government who decide on the financial structure, management, and staffing to run such a Company. [alikban]
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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
a national bank is a bank basically where you save money, deposit money, get take money out. they can even loan you some money if you really need it but you would have to pay them back ofcoarse. Republicans suck penis hard and long
Dena Bank was founded by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd. It found its new name, Dena Bank Ltd. when it was incorporated as a Public Company in Dec 1939. Now it is Nationalized and is one of the oldest banks in India that are still operational.
HSBC in 1987
Nationalized means to bring under the control and ownership of nation. Whereas, national refers to something that relates to a nation.
Petroleos Mexicanos (Pemex).
Vladimir Lenin nationalized large businesses.
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has not been nationalized
disadvantages of nationalized industries
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.
A government company is one in which at least 51% of the total share is owned by government & rest is owned by general public people. This definition applies to a company with public shareholders. In a "privately" government owned company, the government either has total control of the company's operation or determines the company's operations based on its initial agreement with the private owners. In a free market economy, it's rare for governments to have direct or indirect control of a company they have agreed to own as a way to prevent the company to go out of business. Of course, in a socialist economy, the government can own and control a company for the benefit of its citizens.
everything in the oil comppany fell
It wasn't "nationalized", but it is part of the constitution and it is followed as part of the law.
Something that was once nationalized (owned and operated by the state) that was then privatized and is once again made nationalized.
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