Question

Banks were nationalised in 1969​

Answer 1

Answer

In 1969, the Government of India nationalised 14 major private banks; one of the big banks was Bank of India.

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• The following banks were nationalized in 1969:
• Allahabad Bank (now Indian Bank)
• Bank of Baroda.
• Bank of India.
• Bank of Maharashtra.
• Central Bank of India.
• Canara Bank.
• Dena Bank (now Bank of Baroda)
• Indian Bank.