Search results
Results from the WOW.Com Content Network
Nationalization may produce other effects, such as reducing competition in the marketplace, which in turn reduces incentives to innovation and maintains high prices. In the short run, nationalization can provide a larger revenue stream for government but may cause that industry to falter depending on the motivations of the nationalizing party. [9]
1971 The State Bank of Bangladesh was founded by nationalization of the private shares in the eastern section of the State Bank of Pakistan. [4]1972-1974 Through this three years period after independence of Bangladesh in 1971, the government had taken over 786 industrial undertakings.
The Banking Codes and standards Board of India is an independent and autonomous banking industry body that monitors banks in India.To improve the quality of banking services in India S S Tarapore (former deputy governor of RBI) had the idea to form this committee.
After the nationalisation of banks, the branches of the public sector banks in India rose to approximate 800 percent in deposits, and advances took a huge jump by 11,000 percent. [4] Nationalisation also resulted in a significant growth in the geographical coverage of banks; the number of bank branches rose from 8,200 to over 62,000, most of ...
Several major news organizations are reporting that about ten of the 19 banks that have gone through government "stress tests" will have to raise capital. Most analysts already believe that ...
Bank of India (BoI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969. Founded in 1906, it has been government-owned since nationalisation in 1969.
The FDIC released its quarterly look at the banking industry, showing that deposits dropped again in the second quarter and a key measure of profitability tightened.
The Bank Nationalisation Case, also called Bank of New South Wales v Commonwealth (1948) 76 CLR 1, is a 1948 decision of the High Court of Australia (upheld on appeal to the Privy Council) that invalidated Chifley government legislation that attempted to nationalise the private banking sector.