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Union Budget 2026: How Indira Gandhi Nationalised 14 Banks Overnight In 1969

Summary by NDTV
On the midnight of July 19, 1969, the government, led by then Prime Minister Indira Gandhi, nationalised 14 major Indian banks, each with reserves exceeding Rs 50 crore.

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Union Budget 2026: How Indira Gandhi Nationalised 14 Banks Overnight In 1969

On the midnight of July 19, 1969, the government, led by then Prime Minister Indira Gandhi, nationalised 14 major Indian banks, each with reserves exceeding Rs 50 crore.

·India
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NDTV broke the news in India on Saturday, January 31, 2026.
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