Originally established as private banker to the Government of England, since 1946 it has been a state-owned institution.
The service uses hundreds of local- and state-owned institutions to house its 22,000 inmates.
Their function was to solve disputes between state-owned institutions (including profit-making companies).
Banking here is highly fragmented, with the state-owned institutions controlling the bulk of the retail market.
Some of the state-owned institutions were considered virtually insolvent five years ago, before the government began wiping debt off their books.
In Germany, 80 percent of the bank industry is controlled by either nonprofit cooperatives or state-owned institutions.
And the famed Sevres porcelain factory is still a state-owned institution.
It was created in 1953 by merging several state-owned financial institutions.
Targets can include shops, cars, restaurants, state-owned institutions, and religious buildings.
Kollam has a number of privately owned and state-owned educational institutions.