what is difference between public sector and nationalised
bank?
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Answer Posted / 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
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