PSBS full form

PSBS full form

Public Sector Banks

What is the meaning of PSBS and full form ?

A public sector bank is one that has a majority stake of the government in it an they run the administration of the bank as well as hire employees in the public domain.Another excellent feature of a public bank is that your money is safe in it.Bad loans and failure will still protect your investments and you will not lose your money because the government will insure it for you.