Banking · Segmented Approach in Banking
Consider the following statements regarding the Segmented Approach in retail banking: Statement 1: The Segmented Approach, where branches are classified as Resource Centres, Profit Centres, Priority Centres, and General Centres, is a business model mostly applied in private-sector banks. Statement 2: The Segmented Approach is highly effective for Public Sector Banks (PSBs) with a large network, providing them with focused business strategies and is already being implemented in some PSBs. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement 1 is correct, but Statement 2 is incorrect
- 2Statement 1 is incorrect, but Statement 2 is correct✓
- 3Both Statement 1 and Statement 2 are correct
- 4Both Statement 1 and Statement 2 are incorrect
Correct answer
Statement 1 is incorrect, but Statement 2 is correct
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