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Which one is largest public sector bank in India?
State Bank of India is the largest public sector bank in India
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.
What is difference between a public sector bank and a private sector bank?
A public sector bank is one that is owned by the government of the country. Since the people decide who the government is, they are also referred to as public sector banks. The government is responsible for the money deposited into the accounts of these banks. A private sector bank is one that is owned by an independent individual or a company that is controlled by a few individuals. In short, the bank is owned by someone else and they run the bank. The person owning/running the bank is responsible for the money deposited into the accounts of these banks.
The largest public sector Commercial Bank of India is the?
State Bank Of India
Which one is largest public sector bank in India?
State Bank of India is the largest public sector bank in India
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 a difference between icici bank and Punjab national bank?
icici is a private sector bank,Punjab national bank is a public sector bank
Government share in public sector bank and nationalised bank?
49%
Who public sector bank has minimum stake of govt?
dena bank
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.
Which bank has been selected as the best public sector bank of India?
bank of baroda
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.
How much govt holds stake in public sector?
A public sector bank in India is a bank that is fully or majorly owned by the government of India. The government in most cases owns 100% rights in the bank in some cases atleast 80% or more stake in the bank thereby making them a public sector or government owned bank.
What is the biggest public sector bank in India?
SBI
