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Iran war: Public sector banks asked to stay prepared
Public sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance and launched a portal for unclaimed financial assets. Banks were urged to adopt austerity measures and support borrowers under the ECLGS 5.0 scheme. Efforts to strengthen digital banking and credit access for MSMEs were also discussed.
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timesofindia.indiatimes.com
Finance ministry urges spending discipline, resilience amid global uncertainties; banks post record Rs 1.98 lakh crore profit
The finance ministry on Friday asked public sector banks (PSBs) to adopt prudent expenditure and austerity measures at all levels while maintaining resilience amid evolving global…
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economictimes.indiatimes.com
Iran war: Public sector banks asked to stay prepared
Public sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance and launched a portal for unclaimed…