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Who will settle the grievances of customers of Banks? ?->(Show Answer!)
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1. Who will settle the grievances of customers of Banks?





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MCQ->Statement: Many private sector banks have reduced interest rate on housing loans in comparison to public sector banks. Courses of Action: The case should be raised before the regulatory authority for investigation by the public sector banks as they cannot follow such reduction. Public sector banks must adopt such policy to remain in competition. The public sector banks should advertise their special feature repeatedly so that they do not lose their future customers.

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MCQ->Which of the following are the provisions of SARFAESI Act which enables banks to reduce their non-performing assets (NPAs) 1.%%Enforcement of Security Interest by secured creditor (Banks/ Financial Institutions). 2.%%Transfer of non- performing assets to asset reconstruction company , which will then dispose of those assets and realise the proceeds. 3.%%To provide a legal framework for securitization of assets. 4.%%Assisting banks in making the credibility track record of customers under Credit Information Bureau of India (CIBIL).?....
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