Categories: BUSINESS

Banking push: FinMin asks PSBs to boost MSME, farm credit; focus on deposits, asset quality and AI-led innovation

Public sector banks are directed to boost lending to MSMEs and agriculture, while focusing on low-cost deposits and robust risk management. The finance ministry emphasized customer-centricity, digital innovation, and cybersecurity. Banks are also urged to support emerging sectors like renewable energy, aligning with national development goals.
Sumitra

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Sumitra
12 months ago

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