Public sector banks and institutions to adopt austerity measures, including virtual meetings and reduced foreign travel amid economic challenges.

New Delhi, May 18 (PTI) The Finance Ministry on Monday urged public sector banks and financial institutions to adopt austerity measures and shift to electric vehicles, following…

Public sector banks and institutions to adopt austerity measures, including virtual meetings and reduced foreign travel amid economic challenges.

Government financial institutions are implementing austerity measures. State-run banks and insurance companies must cut foreign travel for executives. Meetings will increasingly…