Debt Management is one of the most important function in the banking industry. But, in nationalized banks, there was no set criterion and mechanism through which loan was granted. This led to a huge increase in bad debt in the loan portfolio of these banks.
Consumers Suffers:
Consumers suffer from the hands of public sector monopoly. They don't have choices and substitutes and they have to remain satisfied with whatever quality they are provided and whatever price they are charged with against goods and services.
Consumers Suffers:
Consumers suffer from the hands of public sector monopoly. They don't have choices and substitutes and they have to remain satisfied with whatever quality they are provided and whatever price they are charged with against goods and services.
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