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What is the difference between Nationalised bank & Non
Nationalised bank? For ex: Corporation bank, Indian overseas
bank are nationalised banks & Repco, Karur Vysya banks are non
Nationalised banks. What's the difference between them?

Answer Posted / meenakshi pundir

nationalised banks are public sector banks which follows
MASS BANKING means they give loan to poors too, they r
meant for ordinary public.
whereas non nationalised banks are private sector banks
which follows CLASS BANKING means they give loans to high
class people only or we can say only to trust worthy
clients.

Is This Answer Correct ?    11 Yes 19 No



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