Achievement of Nationalization Bank :
Accelerated branch Expansion in rural And Backward regions – In 1969 Bank branches in rural areas accounted to only 22.5% of the total number of branches. Today Branches in Rural areas a/c to 52%.
Deposit Mobilization – after nationalization banks attract deposits from different section by means of attractive deposit schemes.
Increase in Total Transactions – The total deposit which was 4,664 Crore in 1969 increased 55.22 Millions.
Profit Making – after nationalization, Banks are making Profits in addition to achieving economic and Social Objectives.
Safety – the Government has given Importance to safety of thee banks.
Development Functions – Progress of agriculture, rural development, industry, trade and other developmental plans of the govt.
Advance under Self Employment Scheme – Banks Play a significant role in promoting self Through Advances to Unemployed through Various Schemes of the govt.
keywords:
banks are converted to nationalized bank.
Accelerated branch Expansion in rural And Backward regions – In 1969 Bank branches in rural areas accounted to only 22.5% of the total number of branches. Today Branches in Rural areas a/c to 52%.
Deposit Mobilization – after nationalization banks attract deposits from different section by means of attractive deposit schemes.
Increase in Total Transactions – The total deposit which was 4,664 Crore in 1969 increased 55.22 Millions.
Profit Making – after nationalization, Banks are making Profits in addition to achieving economic and Social Objectives.
Safety – the Government has given Importance to safety of thee banks.
Development Functions – Progress of agriculture, rural development, industry, trade and other developmental plans of the govt.
Advance under Self Employment Scheme – Banks Play a significant role in promoting self Through Advances to Unemployed through Various Schemes of the govt.
keywords:
banks are converted to nationalized bank.
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