Nationalization of major banks occurred in which year?
1969
On 19 July 1969, the Government of India under Prime Minister Indira Gandhi nationalised 14 major commercial banks, each having deposits of ₹50 crore or more.
The aim was to extend banking to rural areas and priority sectors such as agriculture and small industry. A second round of nationalisation of 6 more banks followed in 1980.
Hence, the answer is 1969.
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