FM: Banks catalysts for financial revival

Mumbai, September 9

Finance Minister Nirmala Sitharaman on Wednesday stated banks are going to be the catalysts for financial revival.

“At this stage, the catalysts for economic revival, the catalysts who have the pulse of every one of their customers, are banks,” the Finance Minister stated.

She was talking after launching PSB Alliance-Doorstep Banking Services.

She stated banks must introspect on their core enterprise and likewise give attention to welfare.

“You don’t forget your core activity, which is lending and making money out of it and that is a legitimate activity. You will do that and also being public sector, do some things which are welfare related as announced by the government,” she stated. — PTI

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