Please wait...
1800-212-7858 (Toll Free)
9:00am - 8:00pm IST all days

or

Thanks, You will receive a call shortly.
Customer Support

You are very important to us

For any content/service related issues please contact on this toll free number

022-62211530

Mon to Sat - 11 AM to 8 PM

What is the difference between public sector banks and private sector banks?

Asked by Topperlearning User 5th June 2015, 9:46 AM
Answered by Expert
Answer:

 

Public sector banks

Private sector banks

Public sector banks are those banks which are owned and managed by the government.

Private sector banks are those banks which are owned by the private individuals.

It includes the State Bank of India and its subsidiaries and 19 nationalised banks such as the Bank of India, Punjab National Bank, etc.

 

It includes foreign banks, old private sector banks and new private sector banks. Currently, it comprises of 38 foreign banks with 321 branches all over the world such as Citibank, HSBC, etc.

 

Answered by Expert 5th June 2015, 11:46 AM
Rate this answer
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

You have rated this answer /10

Your answer has been posted successfully!

Latest Questions

ICSE IX Physics
qsnImg
Asked by Rayeesa 22nd June 2018, 9:03 AM
NEET NEET Biology
wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh wife vashiKaran specialist Baba ji +91 7073778243 in  hyderabad Andhra pradesh  
Asked by tantrikji8 22nd June 2018, 9:02 AM

Chat with us on WhatsApp