Banking in India 1959. These are now called its associate banks. In 1969 the Indian government nationalised 14 major private banks, one of the big bank was Bank of India. In 1980, 6 more private banks were nationalised. These nationalised banks are the majority of lenders in the Indian economy. They dominate the banking sector because of their large size and widespread networks. The Indian banking sector is broadly classified into scheduled and non-scheduled banks. The scheduled banks are those included under the 2nd Schedule of the Reserve Bank of India Act, 1934. The scheduled banks are further classified into: nationalised banks; State
Central Organising Committee, Communist Party of India (Marxist–Leninist) Chopra, broke away and joined the T. Nagi Reddy group. In 1979 what remained of Sharma's COC, CPI(ML) suffered yet another split, as some party leaders in Punjab rejected his support for Deng Xiaoping in China and the Three Worlds Theory. In 1982 M. Appalasuri's COC, CPI(ML) faction merged with Bhowani Roy Chowdhury's West Bengal-based CPI(ML) Unity Organisation, forming the Communist Party of India (Marxist-Leninist) Party Unity. Central Organising Committee, Communist Party of India (Marxist–Leninist) Central Organising Committee, Communist Party of India (Marxist–Leninist) (abbreviated COC, CPI(ML)) was a communist party in India, one of the main splinter factions of the