Question

Changing dynamics in the banking industry

Answer 1

When the sector was opened up to private players, the projections were that companies would achieve break-even in seven to eight years. 

Answer 2

There has surely been a great deal of change in dynamics when it comes to the Banking industry.

The main reason behind the changes can be the privatisation of the sector.

Private banks have brought a great change in not only the services being rendered but the complete banking sector.

Cost reduction has also been a major focus when we talk about the changing dynamics.