Question

write a note on public bank, private bank & international bank.

Answer 1

The IndusInd Bank was the first private bank in India set up in Mumbai on April 1994.Those banks where the Government holds the majority stake (more than 50% of the shares) are known as public sector banks. ... Similarly, PNB is a public sector bank as the government holds a stake of 58.87%. ICICI is a private sector bank as private institutions and individuals own majority of its shares.Nationalization is an act of taking an industry or assets into the public ownership of a national government. Nationalization refers to private assets being transferred to the public sector to be operated by or owned byThe International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans to middle-income developing countries. The IBRD is the first of five member institutions that compose the World Bank Group, and is headquartered in Washington, D.C., United States. the state. So there is no difference between a nationalized bank and a public sector Bank.