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LOK SABHA PASSES BANKING LAWS AMENDMENT BILL
The Daily Guardian
|December 04, 2024
Sitharaman says public sector banks are turning profitable, bill to strengthen governance
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Finance Minister Nirmala Sitharaman said on Tuesday that the Banking Laws (Amendment) Bill will strengthen governance in the Indian banking sector besides enhancing consumer's and customer's convenience with respect to nominations and protection of investors.
Noting that all public sector banks are turning profitable, Finance Minister Nirmala Sitharaman said on Tuesday that banks are being professionally run under the Modi government and the total branches of all scheduled commercial banks have increased by 3,792 in a year to reach 1,65,501 in September 2024.
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