Ask your Question
   (100 characters left)
Search for questions:      Advanced
Credit Cards
Car Loans
Home Loans
Personal Loan
Education Loans
Fixed Deposits
Savings Accounts
Miscellaneous
Bank ATM Auto Loan Bad credit Loan Recovery Recovery Agents Indian Bank Canara Bank Corporation Bank Loan Calculator credit card fraud HSBC Bank Vijaya Bank Deutsche Bank Credit history Credit score Used car loan Saving Account Fixed Deposit Loan Finance ICICI Bank RBI SBI Disha HDFC ABN Amro CitiBank EMI Calculator Kotak PNB Barclays Home Loan Personal Loan Credit Card Interest rate
Resolved Question:
Show me another
What are the basic difference between Public Sector Bank and Private Sector Bank
In Miscellaneous  -  Asked by J P Lodha -  9 years ago

Best Answer:
HI..Don't be confused with the name! Public sector banks are those which are operated by govt. bodies and the employees get salaries from the govt. funds. check the list of banks below:
* Allahabad Bank
* Andhra Bank
* Bank of Baroda
* Bank of India
* Bank of Maharastra
* Canara Bank
* Central Bank of India
* Corporation Bank
* Dena Bank
* Indian Bank
* Indian Overseas Bank
* Oriental Bank of Commerce
* Punjab & Sind Bank
* Punjab National Bank
* Syndicate Bank
* UCO Bank
* Union Bank of India
* United Bank of India
* Vijaya Bank
* State Bank Of India

Private sector banks are the banks which are controlled by the private lenders with the approval from the RBI their interest rates are slightly costly as compared to Public sector banks. for further information you may check out he list below:
* Bank of Punjab
* Bank of Rajasthan
* Catholic Syrian Bank
* Centurion Bank
* City Union Bank
* Dhanalakshmi Bank
* Development Credit Bank
* Federal Bank
* HDFC Bank
* ICICI Bank
* IDBI Bank
* IndusInd Bank
* ING Vysya Bank
* Jammu & Kashmir Bank
* Karnataka Bank
* Karur Vysya Bank
* Laxmi Vilas Bank
* South Indian Bank
* United Western Bank
* UTI Bank
#If you want you may verify the listing from the RBI#
9 years ago - By Praveen Yadav

Other Answers (1)
Answer 1.
Main difference is only that Public follow the RBI Interest rules strictly but private banks could have some changes but only after the approval from the RBI!
9 years ago - By Harish
Answer: Open Questions RSS
Adultery Incest Male Interference Cousin (Ph: 9873540498) NRI Quash 498a usa uk
RTI to break false 498a - Article 226 or 32 (Ph: 9873540498) NRI Quash 498a usa uk
how can i see my CIBIL status?
how to get CIF no of Canara Bank
Chargesheet Quash NRI sec 482 crpc (Ph: 9873540498) NRI Quash 498a usa uk
View All
Discover: Resolved Questions RSS
Auto Insurance
Vashi Escorts Neha Vashist Independent Vashi Escorts http://www.nehavashist.in/
ESCORTS SERVICES SWARGATE KATRAJ CA-LLG.IRLS CALL MR.RAJ +91-9096655551 BALAJI NAGAR ESCORTS
ℰScoRTs in Balaji nagar +91-9168339967 secure hi profile attractive ca-ll g.irls at affordable price
Is Man cell delhi headed by Atur Chatur @ 9873540498 ? Is http://manhelpdelhi.blogspot.com working?
View All
Vote: Undecided Questions
No question found.
COMPARE RATES
Compare Car Loan Rates for a used car
Get best bank for Home Loan
Best FD rates by banks
Show All...
COMPARE QUICKLY
 Select a product:
 

CALCULATORS
More Calculators...
CALCULATE QUICKLY
 Select a product:
 

NEWS THIS WEEK
Rahul Jhori: New Head of DBS Bank’s consumer banking Nov 28, 2008
Corporation bank received award for excellence in MSE lending Mar 5, 2014
Suresh Kumar Jain is the new ED of Union Bank Sep 5, 2011
IIM-A observes salary hike; ICICI and Yes Bank pose as largest recruiters Mar 11, 2010
Money transfer simply through phone contact book: HDFC bank Jan 30, 2015
News Archive
EDITORS' PICKS
Kinds of auto insurance coverage
Must have add-ons for luxury car insurance
Factors affecting car insurance premium
Guide to get a an auto insurance claim...
An insight into two wheeler insurance