enlist the role of nationalised bank in development of India over private banking?
i need it immediately as i have to complete my project work.
Do you know the reason for nationalisation of the Banks? This is the answer for your question role of bank for development of India:
There is strict norms to follow by the nationalised banks; Agricultural loan, Loan to weaker section of the people at very lower interest rate, small scale industries loan & etc to be given in a fixed ratio with that of the total advance: these are to give banking credit support to rural areas, agri sector and to weaker section.
Future of Private Banking – financial advisory wealth …
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