what do u mean by-"banks were nationalised"
Dear Student
Nationalisation refers to process of transforming private assets into public assets by bringing them under public or government ownership.
Nationalisation of banks occurs when government takes control of banks (i.e. more that 51% stake ).
Regards
Nationalisation refers to process of transforming private assets into public assets by bringing them under public or government ownership.
Nationalisation of banks occurs when government takes control of banks (i.e. more that 51% stake ).
Regards