Government banks, also known as public sector banks or state-owned banks, are financial institutions in which the majority stake (typically more than 50%) is owned by the government. These banks operate under specific mandates to serve the public interest, promote financial inclusion, and support economic development.
Category Sponsor
2021
MSIC - Section K: Financial and insurance activities (434)
K64 : Financial service activities, except insurance and pension funding (400)
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