WINSPIRE EMPOWERING YOUTH Issue 5 Volume 3 | Page 36

36 LOGO GAME

L O g O GAME

Identify the name of the bank with the help of their logos and tag lines . Match the given below logs to their respective banks ( nationalised ) and their tag lines in the below given order .

1

Bank Of Baroda
India ’ s International Bank

2

Oriental Bank Of Commerce
A Friend You Can Bank Upon

3

Allahbad Bank
Where Every Individual Is Committed

4

Canara Bank
A Tradition Of Trust

5

Punjab National Bank
Together We Can

6

Vijaya Bank
The Name You Can Bank Upon !
Useful Information : In the Indian banking scenario , most public sector banks are referred to as Nationalised Banks . This classification is , however , inaccurate . According to the IMF ( International Monetary Fund ), “ Nationalisation ” is defined as “ government taking control over assets and over a corporation , usually by acquiring the majority or the whole stake in the corporation ”. The first nationalized bank was Imperial Bank of India ( under the SBI Act of 1955 ) and re-christened as State Bank of India ( SBI ) in July 1955 . In 1969 , 14 banks were nationalized and in 1980 , the second phase of nationalization of Indian banks took place , in which 7 more banks were nationalized . Currently total 26 public sector banks in India all were nationalized over a period of time .
WINSPIRE : Empowering youth | February , 2017