Are PSBs also government bank?
Are employees of PSBs also government employees?
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Govt Banks
Replies (3)
1. Government is shareholder in PSBs.
2. Bank Employees are not Govt. Employees. They are employees of a Banking company, in which Govt is also a shareholder.
Then what is a government company? Are govt company employees also govt employees?
Govt company is a company which controls the entire activities of a company. Here in this case all public sector banks stake is being controlled by government.
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