Market share of PSU bank drop below the 65% at the end of FY18. On the other hand HDFC Bank increases its market share & has posted profit growth of over 20% for almost a quarter of a century, richly rewarding its investors. (4/n)
50 years of #BankNationalisation (19/07/1969), one of the most debated & controversial decision by Indian Government.
The share of the banking sector held by the public banks continued to grow through the 1980s, and by 1991 the public sector banks accounted for more than 90%(1/n)
This move saw a reversal of the trend, such that in late 1990 the nationalized banks reported a combined loss of Rs. 1160cr. After half-a-century of #BankNationalisation the combined market value of 22 PSU lenders on BSE could not match the market value of HDFC Bank lone. (3/n)
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