What is difference between Government Bank and Private bank? - letsdiskuss
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Anita Pandey

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What is difference between Government Bank and Private bank?


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The difference between private and government bank are that these banks have different interest rates, service, employee benefits and taxes. There are quite a few differences between the two in terms of cost, customer base and what they offer. A private bank offers products for a more exclusive market with more personal service. Government banks often offer lower rates than private banks but their products are consistent regardless of who you are as a consumer or as an individual with certain dependency on public sector projects to maintain their solvency.

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