#1
January 30th, 2016, 11:20 AM
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Yes Bank is it Nationalized
hii sir, I wants to know about the Nationalized banks of India will you please tell me is Yes bank is a Nationalized bank ?
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#2
January 30th, 2016, 11:20 AM
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Re: Yes Bank is it Nationalized
In the Indian banking scenario, most public sector banks are referred to as Nationalised Banks. This classification is, however, inaccurate. According to the IMF (International Monetary Fund), “Nationalisation” is defined as “the taking of control by the government over assets and over a corporation, usually by acquiring the majority or the whole stake in the corporation As per my knowledge the State bank of India is not a Nationalized bank . Nationalized banks are as follow : Andhra Bank Bank of Baroda Bank of India Bank of Maharashtra Canara Bank Central Bank of India Corporation Bank Dena Bank Indian Bank Indian Overseas Bank Oriental Bank of Commerce Punjab & Sind Bank Punjab National Bank Syndicate Bank UCO Bank Union Bank of India United Bank of India Vijaya Bank |
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