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has not been nationalized
disadvantages of nationalized industries
It wasn't "nationalized", but it is part of the constitution and it is followed as part of the law.
Something that was once nationalized (owned and operated by the state) that was then privatized and is once again made nationalized.
Canara bank is a nationalized bank in India. By nationalized, it means that the Government of India owns this bank and is responsible for all the money that is deposited in it by the customers. Some other nationalized banks in India are State Bank of India, Indian Bank, Indian Overseas Bank etc.
more than51% of govt sheares in nationalized and not even any in scheduled bank