Difference Between Nationalized Banks & Private Bank?

1.	Difference Between Nationalized Banks & Private Bank?
Answer» A public SECTOR BANK is a bank in which the government HOLDS a major portion of the shares. Government holdings are more than 50% in public sector banks. Private Sector Banks: Private sector banks are owned by private lenders. The private banks are MANAGED and controlled by private PROMOTERS. A public sector bank is a bank in which the government holds a major portion of the shares. Government holdings are more than 50% in public sector banks. Private Sector Banks:

Answer»

A public SECTOR BANK is a bank in which the government HOLDS a major portion of the shares.

Government holdings are more than 50% in public sector banks.

Private Sector Banks:

A public sector bank is a bank in which the government holds a major portion of the shares.

Government holdings are more than 50% in public sector banks.

Private Sector Banks:

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