What are the challenges of Retail Banking in India?

<p>The younger population of India is more comfortable with this banking technology and prefers to use retail banking. This provides a door of opportunity to this sector.&nbsp;While this sector offers various opportunities, there are also certain challenges like:</p><ul><li>The need to find ways to distribute financial services and retail banking products and awareness.</li><li>The ability to cater to the needs of the customer and the ability to sort out issues, if any, as soon as possible.</li><li>Provide a customized banking experience for the customer.</li><li>Rising indebtedness is also a huge challenge.</li></ul>

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