Sunday, February 05 2023

June 11, 2018

Govt of India stands committed to support each and every Public Sector Bank -Piyush Goyal

Mumbai-Government stands committed to strengthen the operations of PSBs and to protect the interests of depositors, customers, employees and other stakeholders of Public Sector banks said Union Finance Minister, Mr Piyush Goyal. A Committee has been formed for faster resolution of stressed assets involving multiple Public Sector Banks. The Union Finance Minister, Mr Goyal announced this while interacting with the media at Mumbai , after meeting with heads of Public Sectors Banks based out of western and southern regions to resolve various issues concerning them. The main objectives of the meeting were to discuss matters regarding improving credit flow, while mitigating risks, to further strengthen the growing Indian economy and on achieving global standards for Indian banks.He said that the Government believes that these banks have a very important role to play in the economic and social development of India.