what are nationalised banks?

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Question Posted / regin

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what are nationalised banks?..

Answer / anuj mishra

Nationalosation of bank means bank cannot work for any other country , gov. Share in this banks are 51 percnt or more than 51,

Is This Answer Correct ?

8 Yes

13 No

what are nationalised banks?..

Answer / prashanth

Nationalised bank means the capital (amount) is more than
the croes and it is undertaking by the resver bank of india
is known as nationalised bank.

Is This Answer Correct ?

14 Yes

20 No

what are nationalised banks?..

Answer / friends

These are the nationalised banks in India The major
objective behind nationalisation was to spread banking
infrastructure in rural areas and make cheap finance
available to Indian farmers.
Allahabad Bank
Andhra Bank
Bank of Baroda
Bank of India
Bank of Maharashtra
Canara Bank
Central Bank of India
Corporation Bank
Dena Bank
Indian Bank
Indian Overseas Bank
Oriental Bank of Commerce
Punjab and Sind Bank
Punjab National Bank
State Bank of Bikaner & Jaipur
State Bank of Hyderabad
State Bank of India (SBI)
State Bank of Indore
State Bank of Mysore
State Bank of Patiala
State Bank of Saurashtra
State Bank of Travancore
Syndicate Bank
UCO Bank
Union Bank of India
United Bank of India
Vijaya Bank
IDBI Bank

Is This Answer Correct ?

36 Yes

42 No

what are nationalised banks?..

Answer / deepesh yadav

there are 19 nationalized banks at present.. new bank of
india got merged with punjab national bank.... and state
bank of india is not a nationalized bank, it is govt. owned
bank not undertaken by govt. of india.

Is This Answer Correct ?

12 Yes

18 No

what are nationalised banks?..

Answer / appasaheb biradar

presently there are 27 nationalized bank with Panjab National Bank which comes under the guidance of RBI and 17 private sector banks and 10 foreign Bank in india.....

Is This Answer Correct ?

3 Yes

9 No

what are nationalised banks?..

Answer / durgesh

All state bank

Is This Answer Correct ?

1 Yes

7 No

what are nationalised banks?..

Answer / kriesh

nationalised banks are the banks under taken by the
government and provide safty to the people holding account
in that bank

Is This Answer Correct ?

1 Yes

7 No

what are nationalised banks?..

Answer / jitendra kumar

there are 26 nationalised bank in india.
20 nationalised banks + sbi and its 5 associates bank

Is This Answer Correct ?

4 Yes

10 No

what are nationalised banks?..

Answer / sri

Nationalization of Banks started in 1955, with State Bank of India being the first bank to be nationalized. Then in 1960, its seven subsidiaries (now six) were also nationalized. The process of nationalization of banks picked up speed in 1969, under the governance of then prime minister, Indira Gandhi and 14 banks were nationalized with the objective of spreading banking infrastructure in rural areas and make cheap finance available to Indian farmers.The second phase of nationalization of Indian banks took place in 1980, in which 7 more banks were nationalized with deposits over 200 crores. At present, the 27 nationalized banks are- (remember, State bank of Saurashtra is now merged with SBI)

Allahabad Bank
Andhra Bank
Bank of Baroda
Bank of India
Bank of Maharashtra
Canara Bank
Central Bank of India
Corporation Bank
Dena Bank
Indian Bank
Indian Overseas Bank
Oriental Bank of Commerce
Punjab and Sind Bank
Punjab National Bank
State Bank of Bikaner & Jaipur
State Bank of Hyderabad
State Bank of India (SBI)
State Bank of Indore
State Bank of Mysore
State Bank of Patiala
State Bank of Saurashtra
State Bank of Travancore
Syndicate Bank
UCO Bank
Union Bank of India
United Bank of India
Vijaya Bank
IDBI Bank