Money and Banking | Nationalization | Lecture - 2 | Banking Awareness
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- เผยแพร่เมื่อ 11 ก.พ. 2025
- Money and Banking | Nationalisation | Lecture - 2 | Banking Awareness
This video delves into the aspects of money and banking in India, focusing specifically on nationalizing Indian banks.
The video begins by providing an overview of India's banking sector before nationalization. It highlights the dominance of private banks in the country and the implications of having a concentrated banking system.
We then discuss the reasons behind the nationalization of Indian banks, emphasizing the need for financial inclusion, economic stability, and controlled credit policies. This video sheds light on the historical events that led to the nationalization decision, such as the large-scale bank failures during the 1960s and the role of foreign banks in the Indian economy.
Moving on, the video explores the impact of nationalization on the Indian banking sector. Afreen explains how nationalized banks helped in expanding banking services to rural areas and marginalized sections of society, contributing to the overall welfare of the nation.
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