The second nationalization of commercial banks took place in........

Economic Affairs Types of Banks and Banking

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The second nationalization of commercial banks took place in

1979

1980

1981

1982

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Explanation:

Second Phase of Nationalisation of Banks- A second dose of nationalisation of 6 more commercial banks followed in 1980. The stated reason for the nationalisation was to give the government more control of credit delivery. With the second dose of nationalisation, the Government of India controlled around 91% of the banking business of India.