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Day 8- Nationalisation of Banks: Banking Awareness
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For Daily Current Affairs from the Hindu and other sources..one stop solution..Visit my Unacademy Profile or Go to this link https://unacademy.com/lesson/1st-jan-2019-part-1-daily-current-affairs-the-hindu-analysis/QCU2ITQF

Banking Chronicle Guild
Banking Chronicle - "I Can And I Will" With Ankush Lamba, Kapil Kathpal & Niharika John Mehra

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need updation of jan 18 ,19 , 20 , 21, 22 , 23, 24 thank you
Ashna Shaji
10 months ago
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Kya j Sara content hme copy per note krna h ... revision k liye ja again video dekh le..plss reply
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Thankyou so much sir and plz provide Static gk also
sir NIACL ke liye konsa current affairs krna padega?
Sir kya aap CURRENT AFFAIRS bhi karwaoge ???
sir where is the option of pdf download
  1. Daily Classes anking & Financial Awareness Banking Exams Kapil Kathpal


  2. * Credit & Risk Analyst (S.O. Post) in a Public Sector Bank. * 7 years Banking experience. Selected as SBI PO and also cracked IBPS PO * Appeared in UPSC Civil Services Mains (2017) Academics: Chartered Financial Analyst (C.F.A.) Masters in Commerce (Accounting & Business Statistics). Diploma in Treasury, Investment & Risk Management. JAIIB & CAIIB Follow me on Unacademy: https://unacademy.com/user/Zinni "RATE REVIEW & RECOMMEND" VERIFIED


  3. Daily Classes anking & Financial Awareness Nationalisation of Banks Kapil Kathpal


  4. Why Nationalisation of Banks was needed & How it was Done? apil Kathpal


  5. Why Nationalisation of Banks? Lack of Confidence& Trust on banks. Loss making organisations Certain Sectors were ignored by banks. Extension of banking facilities particularly in the rural and semi-urban areas apil Kathpal


  6. The Government nationalised the Imperial Bank of India by converting it into the State Bank of India in 1955. The ownership of SBI was vested with the Reserve Bank which has now been transferred to the Government of India. Kapi Kathpal


  7. . The number of bank branches rose significantly between 1951 and 1967, as a result of which the average population per branch fell from 1,36,000 in 1951 to 65,000 in 1969 Inspite of increase in number of branches, the rural population could not avail banking services on account of concentration of branches in urban areas, and a higher credit flow directed to industrial houses. . To break the nexus between industrial houses and banks and improve the flow of credit to agriculture, the government once again used the tool of nationalisation of major banks in the country Kapi Kathpal


  8. 1st Phase of Nationalisation 19th July 1969 Prime Minister Smt. Indira Gandhi Banking Companies (Acquisition & Transfer of undertakings) 1969. 14 Banks were nationalised having paid up capital of Rs. 50 crores apil Kathpal


  9. Bank of Baroda Union Bank Allahabad Bank United Bank of India Punjab National Bank Central Bank of India Bank of Maharashtra Dena Bank Syndicate Bank Canara Bank UCO Bank Bank of India Indian Overseas Bank Indian Bank apil Kathpal


  10. 2nd Phase of Nationalisation April 1980 Prime Minister Smt. Indira Gandhi 6 Banks were nationalised having paid up capital of Rs. 200 crores apil Kathpal


  11. In 1993 New bank of India was merged with Punjab National Bank Number of Nationalised banks gets reduced to 19 apil Kathpal


  12. A new phase of banking started from 1991 i.e.after Liberalisation Policy M.Narsimhan committee was se up and recommended licenses for Private banks Total 10 Private players were given license apil Kathpal


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