banking nationalization

1. Banking After Nationalization
Upto 1990
(Banking During 1969 to 1990)
Presented by: Shreya verma
Jyoti
Ekta
Anu Singh
Pallavi Mishra

2. Flow
. Introduction
. Phases of banks
.History (1969 to 1990)
.Nationalization
. Banks name list
.Objectives
.Demerits
. Conclusion

3. primary functions of banking:
1. Accepting Deposits
2. Advancing of Loans
The Banking system of the country is the base
of the economy and economic development of
the country. It is the most leading part of the
financial sector of the country as it is
responsible for more than 70% of the funds
flowing through the financial sector in the
country.

4. The Banking system in India can be categorised in
two phases
1. Pre-Independence phase (1786-1947)
2.post-Independence phase(1947to till date)
The Post-Independence period may further be
divided into three phases:-
Pre-Nationalization Period (1947 to 1969)
Post-Nationalization Period (1969 to 1991)
Liberalisation Period (1991 to till date)

5. History From 1969 to 1990
1969
• 14 banks nationalized
1980
• 6 more banks nationalized
1990
• Narasimhan Committee Reforms
• Entry of new Pvt sector, Foreign banks

6. What is Nationalization of banks?
.The process of transferring ownership and
operational rights of a bank from private or trusts
to the government of the country.
In India 14 leading banks were
nationalized on July 18, 1969, With min.
aggregate deposit of Rs.50 crores.

7. Listof 14 Banks
1. Central Bank of India
2. Bank of India
3.Panjab National Bank
4. Bank of Baroda
5. United commercial Bank
6. Canara Bank
7.United Bank of India
8.Dena Bank
9.Syndicate Bank

8. Continue…….
10. Union Bank of India
11. Allahabad Bank
12. Indian Bank
13.Bank of Maharashtra
14. Indian Overseas Bank

9. In 1980, Government of India Nationalized 6
more bank, Deposite of 200 crore and above.
1. Andhra Bank Limited
2. Panjab And Sindh Bank Limited
3. Corporation Bank Limited
4. Oriental Bank of Commerce Limited
5. Vijaya Bank Limited
6. New Bank Of India Limited

10. Objectives Behind Nationalization
of Banks in India
1. Controlling Private Monopolies
2. Expansion of Banking
3. Reducing Regional Imbalance
4. Priority Sector Lending
5. Developing Banking Habits

11. Demerits of Nationalization of Banks
1. Increased expenditure
2. Inadequate banking facilities
3. Lowered efficiency and profits
4. Limited resources mobilized and allocated
. After 1980 Technology upgraded in PSU banks.
. Entry of private players such as ICICI
intensifying the competition.

12. Conclusion
Several limitations faced by the
banks nationalization in India. Apart from this
there are certain other limitations as well as, such
as weak infrastructure, poor competitiveness, etc.
But after Economic Reform 1991, the Indian
banking industry has entered into the new
horizons of competitiveness, efficiency and
productivity. It has made Indian banks more
vibrant and professional organizations, removing
the bad days of bank nationalization.