Question

what is public center bank?

Answer 1

Public Sector Banks (PSBs) are banks where a majority stake (i.e. more than 50%) is held by a government. The shares of these banks are listed on stock exchanges. There are a total of 21 Public Sector Banks alongside 1 state-owned Payments Bank in India.

Answer 2

A public banking is a bank owned by the people through their representative governments and operated in the public interest.