August 19, 2024 7:52 PM
Sitharaman asks public sector banks to work on deposit mobilisation
Union Finance Minister Nirmala Sitharaman chaired a meeting on Monday to review the performance of Public Sector Banks (PSBs), focusing on key financial parameters, deposit mobilisation, digital payments, and cyber security frameworks. The meeting also addressed access to credit under financial inclusion and other emerging banking issues. During the meeting, it was observed that PSBs had shown strong performance across all financial metrics in the fiscal year 2023-24. Key highlights include a s...