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    <description>India requires expansion in the scale of banking with additional large banks, greater professionalism, and sectoral specialization. Long term banking must be digitally driven while addressing geographic disparities through a digitized location-wise mapping of bank branches to decide where physical presence is necessary versus digital service delivery. The address also endorses asset resolution mechanisms like NARCL to expedite disposal of stressed assets and supports Development Finance Institutions to meet long term financing needs.</description>
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