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PSU banks ready to play a larger role towards Viksit Bharat 2047, says DFS Secy Nagaraju
Millennium Post Kolkata
|Kolkata 14September2025
Public sector banks (PSBs) have transitioned from a phase of survival and stability and are now positioned to play a larger role as champions of growth, innovation, and leadership in the journey towards Viksit Bharat 2047, Financial Services Secretary M Nagaraju has said.
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NEW DELHI:
Addressing the two-day PSB Manthan, which concluded on Saturday, Nagaraju also highlighted the need for PSBs to aspire to global competitiveness, strengthen governance and operational resilience, and expand their role as sectoral champions across both traditional and emerging industries.
PSB Manthan 2025, organised by Department of Financial Services (DFS), themed around reimagining public sector banking for a developed India.
The event brought together senior leadership of public sector banks, regulators, industry experts, academicians, technologists, and banking practitioners.
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