What is the limitation of unit banking?
A.
B.
C.
D.
Answer & Solution
Solution:
Unit banking operates from a single
location without branches, which limits its ability to expand services beyond
its immediate area. This restricted geographical presence can reduce customer
reach, limit business growth, and make it difficult to compete with larger
banks that have multiple branches. Additionally, unit banks may face challenges
in diversifying their financial products and accessing broader funding sources.
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