Characteristic of the Indian National Bank
Understand the Problem
The question is asking about the features or qualities that define the Indian National Bank, likely seeking an overview of its functions, structure, or significance in the banking sector in India.
Answer
Majority government ownership, widespread branch network, public service focus.
The Indian National Bank, like other public sector banks, is characterized by majority government ownership, a widespread network of branches, and a focus on providing financial services to the public.
Answer for screen readers
The Indian National Bank, like other public sector banks, is characterized by majority government ownership, a widespread network of branches, and a focus on providing financial services to the public.
More Information
Public sector banks in India, including the Indian National Bank, play a key role in implementing government policies and fostering economic development by providing accessible banking services across the nation.
Sources
- Banks In India: Types, Functions & Characteristics - PWOnlyIAS - pwonlyias.com
