Banking secy to review Jul-Sept fincl performance of PSU bks on Oct. 30
This story was originally published at 19:07 IST on 19 October 2024
Register to read our real-time news.Informist, Saturday, Oct. 19, 2024
--Govt source: Banking secy to review fincl performance of PSU banks Oct 30
By Priyasmita Dutta
NEW DELHI – Department of Financial Services Secretary Nagaraju Maddirala will review the financial performance of public sector banks on Oct. 30, an official aware of the development said Saturday. "It will be a routine meeting where the secretary will take stock of PSU banks' Jul-Sept financial results," the official told Informist.
The meeting with top executives of all public sector banks will happen in the national capital, and will likely discuss various aspects of the banking sector, including the need for improving deposits, lending to small ticket borrowers and cybersecurity risks, the official said.
The financial services department chairs these review meetings every quarter. Finance Minister Nirmala Sitharaman, who is on an official tour abroad currently, will meet bankers in November, the official said. The date for this meeting is yet to be finalised.
The last such review meeting was held on Aug. 19, chaired by Sitharaman. End
Edited by Akul Nishant Akhoury
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2024. All rights reserved.
To read more please subscribe
Share this Story:
