In which year, the second phase of nationalization of Indian Banks took place?
In which year, the second phase of nationalization of Indian Banks took place?
[A]1985
[B]1980
[C]1981
[D]1991
1980 The second phase of nationalization of Indian banks took place in the year 1980. The banks that were nationalised in 1980 are as follows:
- Oriental Bank of Commerce
- Corporation Bank
- Andhra Bank
- Punjab & Sindh Bank
- Vijaya Bank
- New Bank of India