However, a number of factors led to The clone wars Ahsoka Tano shirt of privatization of this sector. The impact of privatization of the Indian banking sector has largely been positive however it also has its set of drawbacks. Here is a look at the impact of privatization on the banking sector of our country: With the privatization of the banking sector in India, the power to run this sector has gone in comparatively efficient hands. This has thus improved the condition of the banking sector in the country.
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Quite a few private banks have been opened in The clone wars Ahsoka Tano shirt and the competition in this sector has led to improved service. Each bank is making an effort to provide better services to fetch more and more customers unlike earlier when people suffered due to the monopoly of the banking sector. In an attempt to lure more customers and make more profit the private banks keep coming up with new schemes that offer a greater rate of interest and various other benefits to the consumers.
This works in the benefit of the general public. With the privatization of the banking sector, the customer support service has also improved. Private banks have their own call centers that are dedicated to answering the queries of the customers, adhering to their complaints and taking service requests.
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