Senior citizens, differently-abled people and pregnant women will get doorstep banking services and avail the direct benefit transfer of the government in a timely manner.
The minister refused to give a direct answer to the question of whether most of the public sector banks would be merged or disinvested by the end of the current year.
All the major financial parameters viz., credit deployment, profitability, asset quality, capital adequacy etc. indicate that the performance of PSBs has significantly improved.
This is the first review meeting by Sitharaman in the current fiscal after the review of the FY23 financial results of banks.
Inaugurating the corporate office of Punjab and Sind Bank here, the minister said that banks need to "build on laurels" by following the best corporate governance principles.