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‘India needs world-class banks’
The Free Press Journal - Mumbai
|November 07, 2025
Govt has begun work on PSU banks’ amalgamation
Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank of India and lenders.
According to Sitharaman, ‘Atmanirbhar Bharat’ envisions an India that designs, produces, and innovates for itself and for the world—an economy rooted in self-confidence, powered by enterprise, and guided by compassion.
“More precisely, it’s a combination of economic strength, technological capability, social empowerment and environmental responsibility, all aligned with the larger goal of Viksit Bharat by 2047; news agencies quoted Sitharaman.
This story is from the November 07, 2025 edition of The Free Press Journal - Mumbai.
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