Lesson 7 of 7 • 39 upvotes • 10:17mins
Nationalization of Banks and the Banking Sector Reforms, from 1969 to 1991: The number of banks in India in 1951 were the highest – 566. In 1960, RBI was empowered to force the compulsory merger of the weak banks with the strong ones. This led to reduction in the number of banks to 89 in 1969. On July 19, 1969, 14 major banks were nationalized. On April 15, 1980, another six banks were nationalized, and thus raising the number of nationalized banks to 20.
7 lessons • 1h 23m
Introduction of Current Affaires for Banking Exams - 1(in Hindi)
11:22mins
Introduction of Banking and Financial Awareness for Banking Exams - (in Hindi)
12:28mins
Historical Background Of Banking in India (in Hindi)
14:59mins
Nationalization Of Private Sector Banks In India (in Hindi)
11:54mins
Types of Banks in India (in Hindi)
12:23mins
Roles and Functions Of Banks in India (in Hindi)
10:08mins
All Nationalised Banks With Their EstablishmentDate/Head Office/MD,CEO/Punchline,Tagline
10:17mins