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what are nationalised banks?

Answers were Sorted based on User's Feedback



what are nationalised banks?..

Answer / sarwar

Any private Bank under take by the Government is called
Nationalised bank

Is This Answer Correct ?    344 Yes 140 No

what are nationalised banks?..

Answer / shrijesh nair

Nationalised bank are those banks which are governed by the
RBI and Regulation act of 1949.
The banks which are included are as fallows:
1. Allahabad Bank
2. Andhra Bank
3. Bank of Baroda
4. Bank of India
5. Bank of Maharashtra
6. Canara Bank
7. Central Bank of India
8. Corporation Bank
9. Dena Bank
10. Indian Bank
11. Indian Overseas Bank
12. Oriental Bank of Commerce
13. Punjab and Sind Bank
14. Punjab National Bank
15. State Bank of Bikaner & Jaipur
16. State Bank of Hyderabad
17. State Bank of India (SBI)
18. State Bank of Indore
19. State Bank of Mysore
20. State Bank of Patiala
21. State Bank of Saurashtra
22. State Bank of Travancore
23. Syndicate Bank
24. UCO Bank
25. Union Bank of India
26. United Bank of India
27. Vijaya Bank

Is This Answer Correct ?    330 Yes 156 No

what are nationalised banks?..

Answer / asha shankar

There are 19 nationalised bank in india which comes bank of
baroda,allahabad bank,andhra bk,maharashtra bk,canara
bk,central bk,corporation bk,dena bk,indian bk,indian
oversees,oriental bk,punjab &sindh bk,punjab national
bk,sindicate bk,uco bk,united bk,union bk,vijaya bk.

Is This Answer Correct ?    224 Yes 104 No

what are nationalised banks?..

Answer / sathya priya

At present, there are 19 nationalised banks in India

Is This Answer Correct ?    197 Yes 108 No

what are nationalised banks?..

Answer / mohsin khan amu aligarh

Nationalized banks are those, in which the shares of government is more than 51% and that banks are run by the government through their rules and regulations.

Is This Answer Correct ?    51 Yes 17 No

what are nationalised banks?..

Answer / mohsin khan

nationalised bank is those bank which is registered by the
governament. if that bank fulfil the conditon of banking
act.INDRA GHANDHI took a major step for nationalisation of
14 major commercial bank in india according to indian
banking act 1949.

Is This Answer Correct ?    50 Yes 31 No

what are nationalised banks?..

Answer / a v radha

Any bank which is governed by RBI and has nation wide
operations is called Nationalised Bank.

Is This Answer Correct ?    40 Yes 22 No

what are nationalised banks?..

Answer / vama

at present their are19 nationalised bank this means that
government have 51% stake in these banks

Is This Answer Correct ?    28 Yes 17 No

what are nationalised banks?..

Answer / muhammed musthafa v

Nationalised banks are those bank which is owned by india government .atleast than 51% of the share is held by government . these banks are governed by RBI under banking regulation act 1949
Eg:canara bank , union bank of india

Is This Answer Correct ?    13 Yes 2 No

what are nationalised banks?..

Answer / anshuman

Nationalization of banks took place in 1969 in the Indira
Gandhi resigm, There are 27 nationalized banks.
The purpose was to give more attention to the agricultural n
rural needs.
Earlier to 1969 there was only one government bank that was
SBI. renationalization took place in 1980.

Is This Answer Correct ?    67 Yes 72 No

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