Niche banking will lead to Indian financial sector getting some niche and specialised players of global and Indian origin and create a focus on specific areas, which will help industries as well as the banking sector become more competitive and innovative. Elaborate.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 5. Niche banking will lead to Indian financial sector getting some niche and specialised players of global and Indian origin and create a focus on specific areas, which will help industries as well as the banking sector become more competitive …

What are niche banks? Differentiate between Payment Banks and Small Finance Banks. Do you think niche banking has been a success in India? Evaluate.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 5. What are niche banks? Differentiate between Payment Banks and Small Finance Banks. Do you think niche banking has been a success in India? Evaluate. (250 words) Difficulty level: Easy Reference: Insights on India Why the question: The question is …