difference between private and nationalised banks

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difference between private and nationalised banks..

Answer / sherin

Public sector bank is one which's mojor shaare is with
government(more than 50%).But in case of private sector
bank major share holders will be either private companies
or individuals.

Is This Answer Correct ?    53 Yes 6 No

difference between private and nationalised banks..

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

difference between private and nationalised banks..

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

difference between private and nationalised banks..

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

difference between private and nationalised banks..

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

difference between private and nationalised banks..

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

difference between private and nationalised banks..

Answer / mallesham

30% paid amt govt banks

Is This Answer Correct ?    4 Yes 18 No

difference between private and nationalised banks..

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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