Course of Action
Statement: Many private sector banks have reduced interest rate on housing loans in comparison to public sector banks.
Course of Action:
I. The case should be raised before the regulatory authority for investigation by the public sector banks as they cannot follow such reduction.
II. Public sector banks must adopt such policy to remain in competition.
III. The public sector banks should advertise their special feature repeatedly so that they do not lose their future customers.
|B||Only I and II follow|
|C||Only I and III follow|
|D||Only either II or III follows|
|E||None of these|