Which of the following are are the Reasons for the Privatization of Banks Degrading Financial Positi...........

Explanation:

Only code 1st is correct.

• Many of PSB’s have higher levels of stressed assets than private banks, and also lag the latter on profitability, market capitalization and dividend payment record
• The privatization of two public sector banks will set the ball rolling for a long-term project that envisages only a handful of state-owned banks, with the rest either consolidated with strong banks or privatized.
• The private sector banks concentrate on the more affluent sections of the population and the metropolitan/urban areas, leading to the financial exclusion of weaker sections of the society, particularly in the rural areas

Hence option 2nd is correct.