Lalit Patel
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Posted 5 year ago
How many banks of india were nationalised in 1969 ?
4 Answer(s)
Vaibhavi Salunkhe
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Posted 5 year ago Vaibhavi Salunkhe

Fourteen major private commercial bank were nationalised

Chandra
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Posted 5 year ago Chandra

14 banks

Chandni Dabral
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Posted 5 year ago Chandni Dabral

Around 14 major private bank

Pinky Dahiya
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Posted 5 year ago Pinky Dahiya Gurushala Teacher Coach

The government through the Banking Companies (Acquisition and Transfer of Undertakings) Ordinance, 1969 and nationalised the 14 largest commercial banks on 19 July 1969.