what is difference between public sector and nationalised
bank?
Answers were Sorted based on User's Feedback
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 |
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 |
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 |
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 |
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 |
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 |
Answer / barsa
there is no difference between a public sector bank and
nationalised bank.
Is This Answer Correct ? | 17 Yes | 58 No |
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