Public Sector Banks Archives

Define “Bank”? Discuss the growth of public sector banks and their contribution towards the financial inclusion of women.

Introduction A bank is a financial institution that accepts deposits from the public, provides loans, and offers services like credit, payments, and investments. Banks are essential for economic growth because they act as intermediaries between savers and borrowers. In India, public sector banks (PSBs) have played a vital role in expanding financial services to rural […]

Define “Bank”? Discuss the growth of public sector banks and their contribution towards the financial inclusion of women. Read More »

What impact did bank nationalization have on the development of credit market, savings and investments?

Introduction Bank nationalization in India was a landmark event in the economic history of the country. Initiated in two phases—first in 1969 and later in 1980—it aimed to bring the banking sector under state control to serve broader social and economic goals. Prior to nationalization, the banking system was dominated by private entities that catered