Please tell me the name of nationalise banks in 1980 only?
Please tell me the name of nationalise banks in 1980 only?
In India since independence following major nationalizations have taken place :-
1949 : RBI was nationalized (RBI was state owned at the time of Indian independence).
1953 : Air India was nationalised under the Air Corporations Act 1953
1955 : Control of Imperial Bank of India was acquired by RBI
1969 : 14 Indian private banks were nationalised;
1972 : 106 insurance companies were nationalised into four insurance companies
1973 : Coal Industry and Oil companies were nationalised
1980 : 6 more Indian private banks were nationalized
