Uncertainity of future and growth in IT Companies due to recent turbulence and high recent growth in banking sector
Not everybody chooses private banks. People prefer public sector banks over private sector. The only reason for choosing private banks is the salary. If salary in private and government banks is same, everybody will choose government jobs as the job is more secure.
A nationalized bank is owned by the government (and therefore, by the people). A private bank is owned by a person or corporation.l
AXIS BANK IS A Govt. BANK, under Indian Govt.
As private bank, decided the interest was the management... As government bank, the reserve bank of india...
If it is government bank it's BRI ( Bank Rakyat Indonesia). But if it is private bank it's Bank Mandiri
Canara Bank is a public Sector Bank meaning that it is owned largely by GOI.
government bank
Private sector banks refer to banks which have the majority of stock owned by private people. The government cannot own a controlling share in a bank designated as private sector.
In the USA, all Federally Guaranteed student loans have the same interest rate and same benefits. It does not matter if you get the loans from a private bank or directly from the government. Private student loans differ in interest rate and benefits for each bank. Federal Student loans have lower interest rates and better benefits than private student loans.
There are numerous banks in India. A bank that is not owned by a private individual or a company is not a private sector bank. Ex: A bank that is owned by the government is not a private sector bank and is called a public sector bank. Ex: 1. State Bank of India 2. Bank of Baroda 3. Indian Bank 4. Indian Overseas Bank 5. etc.
It formerly was the central bank of Australia and government run, until the independent RBA was established and took responsibility of the central bank. Following that the Commonwealth bank was privatised.
HDFC Bank is a private bank in India that provides all kinds of banking facilities to the citizens of India. It is fully owned by HDFC Ltd. It is the second largest private sector bank in India behind ICICI Bank.