Public banks are ones that are fully or partially owned by the government of that country. A private bank is one that is owned by an individual or by a group of people.
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Nothing. There is no difference. Because the term public sector bank and nationalized bank refers to the same thing. A bank that is owned by the government. Since it means the same thing, there cant...
private banks are the banks for wealthy people, the private banker invest the client's money in the stock market or others investments, takes care of tax issues
A Nationalized bank is one that is owned by the government of the country. Since the people decide who the government is, they are also referred to as public sector banks. The government is...