Question

What do you mean by Bank Nationalization?​

Answer 1

Answer:

Nationalization refers to the transfer of public sector assets to be operated or owned by the state or central government

Answer 2

Answer:

Bank nationalization means to take care of banks under the government undertaking at that time most of the banks are in private control but later it pulled few of the banks under ots control to finance India financial needs

So it was stated in June 18, 2020