Privatization of banks Flashcards

1
Q

how many private, public and small finance banks are there

A

22 private. 12 public. 1o SFBs.

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2
Q

when were banks nationalised and how many were

A

14 largest private banks nationalized in 1969.

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3
Q

when was sbi and insurance sector nationalised

A
  1. 1956.
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4
Q

which committees proposed reducing govt stake below 51% in public banks and to how much?

A

narasimhan committee to 33%. PJ Nayak committee to below 50%.

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5
Q

first 3 way merger of public banks when

A

bank of baroda, dena bank and vijaya bannk. 2019

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6
Q

latest bank to be privatised

A

idbi first bank

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7
Q

big four banks of india

A

sbi hdfc icici bank of baroda

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