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Which banking sector is characterized by ownership from private shareholders?
  • a)
    Public Sector Banks
  • b)
    Scheduled Banks
  • c)
    Cooperative Banks
  • d)
    Private Sector Banks
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which banking sector is characterized by ownership from private shareh...
Private Sector Banks are characterized by ownership from private shareholders. These banks operate with a focus on maximizing profits and providing competitive banking services, often leading to innovations in products and customer service compared to public sector banks.
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