Wednesday, December 26, 2012

Nationalized Banks vs Public Sector Banks

Recently one of our readers sent me an interesting question : What is is the difference between nationalized banks and public sector banks?  I had to pause for few moments and tried to assimilate so that I can answer the same in few sentences.  Soon I realised that it is not that simple to make this understand to a young student who does not have a background of banking history.   May be even most of the bankers will fumble for words if they are asked this question..........

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