Back to Career News

PSBs to Become More Profitable, Says Piyush Goyal

January 30, 2019

PSBs to Become More Profitable, Says Piyush Goyal
Finance Minister Piyush Goyal said that public sector banks (PSBs) are going to become more proactive and profitable in the near future after he held a meeting with the lenders this Monday. 

During the meeting, the chiefs of PSBs raised issues regarding taking bad loans to the National Company Law Tribunal (NCLT) and measures for boosting credit. After the meeting, Goyal said that the discussions he had with the chiefs show that the banking sector is set to become more vibrant and profitable in the days to come.

Image Source

Recommended for you ...

Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners
Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners

September 26, 2024

Banks Report Over 15% Growth in New Credit Card Additions: RBI Data
Banks Report Over 15% Growth in New Credit Card Additions: RBI Data

September 26, 2024

National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank
National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank

September 25, 2024

Chat on WhatsApp