50 years ago, the Indian financial sector underwent a tectonic shift, when Indira Gandhi government nationalized the 14 biggest commercial banks in 1969. The impact of this decision is considered by some to be, even more than the economic reforms of 1991. The factors that led to the nationalization of banks  Nationalisation was in … Continue reading What were the circumstances that led to nationalization of banks in India in 1969. Critically analyse its impacts.