what is difference between public sector and nationalised bank?

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what is difference between public sector and nationalised
bank?

Question Posted / vvkpnd

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what is difference between public sector and nationalised bank?..

Answer / anil pradhan

all nationalised banks are public sector banks. but all
public sectors banks are not nationalised. e.g-UCO BANK ,
PNB are nationalised and public sector banks where as
KALINGA GRAMYA BANK or any GRAMEEN banks are public sector
banks but not nationalised

Is This Answer Correct ?

81 Yes

36 No

what is difference between public sector and nationalised bank?..

Answer / narasimha

Public sectores banker are the banks were the government the fully owned for ex. RRB's . Nationalised banks are banks the government under taken the privt banks .

Is This Answer Correct ?

5 Yes

2 No

what is difference between public sector and nationalised bank?..

Answer / subha singh

A PSB is a bank in which govt holds a major portion( more than 50 %) of the shares.
But a nationalised bank is one which was nationalised under banking companies (Acquisition and transfer of undertaking) bill and where govt holds total of the shares. So there are 27 public sector banks, but there are 19 nationalised banks.

Is This Answer Correct ?

1 Yes

0 No

what is difference between public sector and nationalised bank?..

Answer / m.k. padhan

Both are Government bank however nationalized banks are fully owned by the Government where as in case of Public Sector bank Government has majority of share or stake. In India State Bank of India and its 6 Associates banks are the Public Sector Banks and rest are nationalized banks.

Is This Answer Correct ?

31 Yes

35 No

what is difference between public sector and nationalised bank?..

Answer / utkarsh

ALL NATIONALISED BANKS ARE PUBLIC SECTOR BANKS e.g. PUNJAB
NATIONAL BANK.AS SUCH IT WAS NATIONALISED BY GOVT OF INDIA
IN THE YEAR 1969 BY PASSING ACT.THE SHARES WERE ACQUIRED BY
GOVT OF INDIA.WHEREAS SBI IS ONLY PUBLIC SECTOR BANK AS IT
SHARES WERE ACQUIRED BY RBI

Is This Answer Correct ?

15 Yes

27 No

what is difference between public sector and nationalised bank?..

Answer / hgdhcdcjdckdc

the diff is the only thing which i dnt knw
if i get 2 knw i will surely post the wrong ans

Is This Answer Correct ?

18 Yes

44 No

what is difference between public sector and nationalised bank?..

Answer / barsa

there is no difference between a public sector bank and
nationalised bank.