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explain advantages of differentiated banks like small finance banks and payment banks in india

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Solution 1

Differentiated banks like Small Finance Banks (SFBs) and Payment Banks in India have several advantages:

  1. Financial Inclusion: These banks play a crucial role in promoting financial inclusion by providing banking services to the unbanked and underbanked sections of society. They help in bringing Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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