PSBS face several challenges: FinMin
The New Indian Express|March 31, 2023
Ministry raises concerns over unfavourable deposits rates, shrinking NIM, likely MTM losses
DIPAK MONDAL
PSBS face several challenges: FinMin

THOUGH the public sector banks (PSBs) have been able to sail through the latest global banking crisis with ease, they do face issues like unfavourable deposit repricing, declining market share of CASA, frequent repricing of loans, etc.

These concerns were discussed recently in a performance review meeting of PSBs held last week. As the global banking crisis unfolded after the collapse of Silicon Valley Bank (SVB) and Credit Suisse, the government has identified several challenges faced by the country’s PSBs. The Department of Financial Services (DFS), Ministry of Finance, in its presentation, highlighted the challenges face by PSBs.

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