PSBs post record Rs 1.78 lakh Cr profit; FM calls for MSME, Agri credit push

Invest: PSBs told to strengthen credit to MSMEs

Minister calls on banks to identify emerging opportunities Finance Minister Nirmala Sitharaman has directed Public Sector Banks (PSBs) Banks to strengthen the implementation of the New Credit Assessment Model for MSMEs to broaden access to capital and expedite credit flow to small & medium businesses https://www.commerce.gov.in/. Chairing a review meeting of the PSBs, Sitharaman noted […] Source

PSBs post record Rs 1.78 lakh Cr profit; FM calls for MSME, Agri credit push

New Delhi, Jun 27: Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the annual performance review meeting of Public Sector Banks (PSBs) in the national capital today. The high-level meeting focused on financial performance, credit growth, digital innovation, financial inclusion, cyber security, and customer service enhancement. Attended by Union Minister of State for Finance Pankaj Chaudhary, Secretary of Financial S…