though sbi was nationalized why its not comes under
nationalized banks and its comes under publicsector banks
Answers were Sorted based on User's Feedback
Answer / sumit
sbi is almost wholly owned by rbi while other psb's are wholly owned by government of india thus it doesn't comes under nationalised bank.
| Is This Answer Correct ? | 3 Yes | 5 No |
Answer / sukhpreet singh
sbi & its subsidiaries have theri diff act which is SBI(subsidiary banks)Act 1955
| Is This Answer Correct ? | 4 Yes | 9 No |
Answer / raju
1000's of jobs are in public and private sector banks so sbi was publicsector banks
| Is This Answer Correct ? | 2 Yes | 25 No |
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