This is a web with links to an example of a bank privatization [http://www.slvadvisors.com/News.htm]
Yes
14
no i do not support privatization of bank because in 1969 the ex prime minister indira gandhi nationalized the f14 bank for social economic development . before f1969 bank was aim to gain profit only profit . they has no concern for people .if again bank is to be privatization so bank;s aim will be only to gain more profit and profit and control the economy to business man
The Nationalized banks are owned by the government. Other banks are owned by some individuals and corporations.
23 nationalized bank
State Bank of India and its subsidiaries, all nationalized banks.
14 banks in July, 1969 and six more banks were nationalized in 1980
In the year 1980, the second phase of nationalisation of Indian banks took place, in which 7 more banks were nationalised with deposits over 200 crores. With this, the Government of India held a control over 91% of the banking industry in India.
No. The Government oversees the operations of all the banks but it does not own them. Nationalized banks are partially owned by the government but private banks are not owned by the government.
Guillermo Barnes has written: 'Lessons from bank privatization in Mexico' -- subject(s): Banks and banking, Privatization
A nationalized bank is a bank that is wholly or majorly owned by the government of the country where it is operating. The term nationalized banks is very common in India and is used to signify a bank that is owned by the Government of India. For ex: State Bank of India is a nationalized bank and is fully owned by the Indian government
A Bank is considered Nationalized if the bank is fully or at least majorly owned by the Government of India. The term nationalized is very commonly used in india to refer to government owned banks. They are called state owned banks or public sector banks in other countries. State bank of India, Punjab National Bank etc are examples of nationalized banks in india.