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Q.

What is the difference between nationalized banks & scheduled banks in India?

Asked by archana chatterjee, 13 Jun '09 08:46 pm
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Answers (4)

 
1.

Scheduled bank are those who is member of Reserve Bank of India & Nationalised bank has govt. controlling alongwith membership of RBI (Source : Yahoo).
Answered by Srijith KP, 13 Jun '09 08:50 pm

 
  
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2.

Schedule Bank are those which are included in the second schedule of RBI act 1934:
Natinalised bank are:
The nationalisation of banks in India took place in 1969 by Mrs. Indira Gandhi the then prime minister. It nationalised 14 banks then. These banks were mostly owned by businessmen and even managed by them.

Central Bank of India
Bank of Maharashtra
Dena Bank
Punjab National Bank
Syndicate Bank
Canara Bank ...more
Answered by jameel ahmed, 13 Jun '09 08:57 pm

 
  
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3.

Big and small!
Answered by T A RAMESH, 13 Jun '09 09:36 pm

 
  
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4.

Nationalised Banks are the earlier private sector banks like Bank of Baroda, Bank of India etc which had been taken over by Govt of India. First 14 banks were nationalised in 1969 and later 6 banks in all totalling 20 banks. Scheduled Banks are those banks appearing in the Second schedule of RBI. for more details pl visit the site of RBI
Answered by govindarao krishna murthy, 13 Jun '09 10:57 pm

 
  
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There are 26 Nationalised banks in India. 20 Other banks 1 SBI 5 SBI Associates Banks...more

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