Nationalised refers to the process by which a government takes ownership and control of private industries or assets, transforming them into public entities. This can occur for various reasons, including economic stability, public welfare, or strategic interests. Once nationalised, these industries are typically managed by the state, with the intention of serving the broader interests of the population rather than private profit.
1949
the government bank is run by the state government and the nationalised bank is run by the federal government
yes
yes
Jan 19, 2009
banks in india was nationalised in 1969
water resources should be nationalised
No, SBI is not a nationalised bank. It is one of the greatest bank. It is a public bank but not a nationalised bank. Right now 19 banks were nationalised out of 20, in which SBI i.e. State Bank Of India is not included.
IDBI bank is Nationalised bank
no, its a private bank and it is not nationalized yet !
i want to know whether the employees of the nationalised banks are the government employee
The verb for national is nationalise.Nationalises, nationalising and nationalised are also verbs."We are nationalising the industries"."They have been nationalised".
1949
The central government purchases the shares of private shareholders by payment double the amount of shares worth.
Yes. Canara Bank is a Nationalized Bank. It is one of India's oldest banks. It has over 3000 branches and 4000 ATMs across India. It was Nationalized in the year 1969 and has been owned by the Government of India ever since.
no
NO