Business Studies, asked by ashishneopane663, 3 months ago

when did the Indian government nationalise fourteen major bank​

Answers

Answered by prajapatikhushi317
0

19 July 1969

Thereafter, 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.

Answered by joshi82
0

Answer:

I think in 19 july 1969 indian government nationalise have fourteen major bank

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