FM Nirmala Sitharaman reviews performance and preparedness of PSBs in wake of current global financial scenario

Finance Minister Nirmala Sitharaman today chaired a meeting to review the performance and preparedness of the Public Sector Banks (PSBs). The review was based on various financial health parameters and the resilience of PSBs in light of the current global financial scenario emanating from the failure of some international banks in the USA and Europe.  During the meeting, Ms Sitharaman emphasised preparedness along with due diligence through adherence to the regulatory framework by focusing on ri...