Question

Deposit criteria on which banks were nationalized in 1969 was

Answer 1

thethe7,ofthevoteinnationalelections.butintheelections

Answer 2

Oriental Bank of Commerce, exceeded it by a hair's breadth In 1969, when 14 banks were nationalised and the ruling party tasted blood for the first time, the criterion was total deposits of more than Rs 50 crore for each bank.