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What is Challenges Faced by Nationalized Banks about?

Nationalized banks in India face significant challenges including high levels of non-performing assets (NPAs), competition from private banks, and the need for technological adoption. Additionally, there is a shortage of skilled manpower and a need to expand their customer base, particularly in rural areas. To remain competitive and continue their vital role in the economy, nationalized banks must enhance their services and operations.

Author

Eklabya Chhetri

Language

EN