describe the achievement of commercial banks after nationalization
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Bank Deposit Expansion
There has been significant growth in the deposits of commercial banks since nationalization. During the pre nationalization period, bank deposits grew from 908 Crore rupees in 1951 to 4,646 Crore rupees in 1969. Post nationalization, this number increased to 1,07,345 Crore rupees in 1987.
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