Question

when did indian government of Indian Nationals the major fourteen banks​

Answer 1

Answer:

19 July 1969

19 July 1969Thereafter, the Government of India issued the Banking Companies (Acquisition and Transfer of Undertakings) Ordinance, 1969 and nationalized the 14 largest commercial banks with effect from the midnight of 19 July 1969. These banks contained 85 percent of bank deposits in the country.