difference between private and nationalised banks
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Answer / ruchi
public sector bank means gov. sec. bank that goes public
means their shares issued to public and gov has 50% share
and their main moto is social welfare along with profit.
private banks managment in hand of any person not gov.and
their main moto is only making profit they r approval from
the rbi their intrest rates are slightly costly.
| Is This Answer Correct ? | 30 Yes | 6 No |
Answer / harsha
nationalised banks are the govt owned bank and are also 2nd
scheduled bank under br act, while private banks are not
| Is This Answer Correct ? | 14 Yes | 6 No |
Answer / shuru sharma
nationalized bank govern by government and private owned by any individual person or by a group.there are 26nationalized bank but so many private bank in India
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / devi
Public sector banks are banks where govt holds more than 51%
of its share capital, where as a nationalised bank is a
bank taken over by the govt under the nationalisation
policy.
| Is This Answer Correct ? | 7 Yes | 8 No |
Answer / prajkini
Private sector is the part of the nation's economy which is
not controlled by the government.
| Is This Answer Correct ? | 3 Yes | 15 No |
Answer / renu
form my point of veiw private bank means the bank where
govt have no rite but in pubic govt of india have rite
| Is This Answer Correct ? | 8 Yes | 42 No |
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