Business Studies, asked by Piyabhra8020, 1 year ago

Which bank are public or private sector bank in india?

Answers

Answered by Abhaytomar11

hey mate here is your answer .......
the bank which are run by individuals is known as private bank.
the bank which are run by the government is known as private bank.
example S.B.I

hope it will help you my dear friend plz mark it as brainliest one.

Answered by XxMissPaglixX

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$..(1) Classification on the Basis of OwnershipOn the basis of ownership, banks are of the following types:() Public Sector Banks: Public sector banks are those banks which are owned by thegovernment. The government runs these banks. In India 20 banks (14+6) were nationalisedin 1969 and 1980 respectively. All these banks now belong to the public sector category.Social welfare is their principal objective.(ii) Private Sector Banks: Private sector banks are those banks which are owned and run by the private sector. Various banks in the country such as Vijaya Bank belong to this category. An individual has control over these banks in proportion to the shares of the banks held by him...$

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