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Answer: The term “Nationalised Bank” refers to any financial institution that is owned by the Indian government. Banks that are owned and operated by the government are often referred to as public sector banks.
The link that has been provided contains information that can be read about the Different Types of Banks in India, as well as the Categories and Functions of Banks in India.
The State Bank of India, the Bank of Maharashtra, the Union Commercial Bank of India, the Punjab and Sind Bank, the Bank of Baroda, the Punjab National Bank, the Central Bank of India, the Union Bank of India, the Indian Bank, the Canara Bank, the Indian Overseas Bank, and the Bank of India are the 12 public sector banks in India as of the year 2021.
