English: • On July 19, 1969, the Government of India had issued an ordinance 'Banking Companies (Acquisition and Transfer of Undertakings) Ordinance, 1969' and nationalized 14 banks with deposits of over Rs 50 crores.
Telugu: జూలై 19,1969న Banking Companies (Acquisition and Transfer of Undertakings) Ordinance విడుదల చేసి 50కోట్లరుపాయల డిపాజిట్ లు పైనున్న 14 బ్యాంకులను జాతీయం చేశారు.