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#1
18th November 2014, 08:21 AM
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| ICICI Bank and Nationalized Bank Difference
I want to know about difference between ICICI Bank and Nationalized Bank will you please provide me that ?
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#2
18th November 2014, 09:32 AM
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| Re: ICICI Bank and Nationalized Bank Difference
As you want to know about difference between ICICI Bank and Nationalized Bank, so I am giving you same. ICICI Bank & Nationalized Bank ICICI bank is a private bank. Nationalized Bank is a government bank. ICICI bank does work according to private scales. Nationalized Bank does work according to government scale. If a candidate will do work in ICICI bank then there is no wide scope. If a candidate will do work in Nationalized Bank then there is much scope rather than private banks. Some government banks in India: Allahabad Bank Bank of India Central Bank of India Indian Bank Punjab & Sind Bank UCO Bank Vijaya Bank Andhra Bank Bank of Maharashtra Corporation Bank Indian Overseas Bank Punjab National Bank Union Bank of India IDBI Bank Limited Some private banks in India: Dhanalakshmi Bank Jammu & Kashmir Bank Lakshmi Vilas Bank SBI Commercial & International Bank United Western Bank ICICI Bank City Union Bank ING Vysya Bank Ltd Karur Vysya Bank Nanital Bank Tamilnadu Mercantile Bank HDFC Bank |
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#3
12th December 2015, 10:30 AM
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| Re: ICICI Bank and Nationalized Bank Difference
Hello sir, is there any one can tell me about the ICICI bank and nationalizes bank? What is the difference between nationalized banks and ICICI bank?
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#4
12th December 2015, 10:31 AM
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| Re: ICICI Bank and Nationalized Bank Difference
As per my knowledge Nationalizes bank and ICICI bank both are different each other because ICICI bank is a private bank that is controlled by RBI. And nationalized bank is government bank that control all the public bank Nationalization is a process whereby a national government or State takes over the private industry, organisation or assets into public ownership by an Act or ordinance or some other kind of orders. This strategy has been frequently adopted by socialist governments for transition from capitalism to socialism In India since independence following major nationalizations have taken place:- 1949 : RBI was nationalized (RBI was state owned at the time of Indian independence). 1953 : Air India was nationalised under the Air Corporations Act 1953 1955 : Control of Imperial Bank of India was acquired by RBI 1969 : 14 Indian private banks were nationalised; 1972 : 106 insurance companies were nationalised into four insurance companies 1973 : Coal Industry and Oil companies were nationalised Nationalized banks: Allahabad Bank Andhra Bank Bank of Baroda Bank of India Bank of Maharashtra Canara Bank Central Bank of India Corporation Bank Dena Bank Indian Bank Indian Overseas Bank Oriental Bank of Commerce Punjab and Sind Bank Punjab National Bank Syndicate Bank UCO Bank Union Bank of India United Bank of India Vijaya Bank Public Sector Banks (PSBs) in India are banks where a majority stake (i.e. more than 50%) is held by a government. Thus at present all the nationalised banks are Public Sector banks ICICI, HDFC & many other banks are Private Banks and they aren't called as a nationalized bank but they are controlled by RBI |
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