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what are nationalised banks?
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Answer Posted / 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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