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FinMin Asks Banks To Find Ways To Mobilise Deposits
Business Standard
|April 04, 2025
The Union finance ministry has asked public sector banks (PSBs) to work on strategies to improve deposit mobilisation and submit these soon, according to sources.
"The finance ministry has raised that mobilising bank deposits is the issue for the sector. Hence only proper strategy will solve the issue," said a senior government official who was part of the meeting.
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