FM Nirmala Sitharaman To Meet PSU Banks, RRBs Heads For Performance Review On August 19 | Economy News

New Delhi: Union Finance Minister Nirmala Sitharaman is set to convene a crucial review meeting at Vigyan Bhawan on Monday to assess the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs). This meeting aims to evaluate key financial metrics and the effectiveness of various government schemes, ensuring that these financial institutions are […]

FM Nirmala Sitharaman Urges PSBs To Boost Deposits, Reviews Cybersecurity And Fraud Risks In Review Meeting | Economy News

New Delhi: FM Nirmala Sitharaman held a performance review meeting with the heads of public sector banks on Monday, urging them to enhance their deposit growth. However, the deposits have been growing 300-400 basis points below credit growth, leading to an asset-liability mismatch for banks in recent months. According to sources, FM Sitharaman assessed the […]