The public sector is a part of the economy that comprises all organizations that are owned and operated by the government.

• The main purpose of the public sector is to provide services that are considered essential for the well-being of society. These services are typically provided free of charge or at a subsidized rate.
• Similar to the voluntary sector, organizations in the public sector do not seek to generate a profit.
• A commercial bank is a financial institution that provides various financial service, such as accepting deposits and issuing loans.various banks has been privatized leads to just 12 public sector banks.
• Steel production is more public sector dominating industry dominated by SAIL.

•   Commercial banking focuses on products and services that are specifically designed for businesses, such as deposit accounts, lines of credit, merchant services, payment processing, commercial loans, global trade services, treasury services, and other business-oriented offerings.

•   Commercial banks offer basic services of banking to the public including individual customers as well as small and medium-sized businesses.

•   Money is made by banks by charging for services and fees.

•   The fees depend on the products given such as overdraft fees, fees for safe deposit boxes, late fees, etc.

•   Various loans also consist of fees other than interest on loans.

•   Banks earn money by giving out loans and for that purpose they use funds from customer deposits.

•   They charge higher interest rates on loans they give out and comparatively less rate of interest on the amount they get as deposits from their customers.