Fin Min hosts 'PSB Manthan 2025'

The Department of Financial Services (DFS), Ministry of Finance, organised PSB Manthan 2025, a two-day programme that concluded on Saturday in Gurugram.

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The event, chaired by the Secretary of DFS, brought together the senior leadership of Public Sector Banks, along with regulators, industry experts, academicians, technologists, and banking practitioners.

Eminent speakers included, Swaminathan J, Deputy Governor, Reserve Bank of India; V Anantha Nageswaran, Chief Economic Adviser to the Government of India; M Damodaran, Former Chairman, SEBI; Debasish Panda, Former Chairman, IRDAI; former Deputy Governors of RBI-R Gandhi, NS Vishwanathan, and MK Jain; and former Chairmen of SBI Rajnish Kumar and Dinesh Kumar Khara, along with several other distinguished leaders from the financial sector, industry, academia, and technology.

In the opening remarks, the Secretary, Financial Services, underlined that Public Sector Banks have moved beyond the 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.

The Secretary 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.

The programme featured seven panel discussions, three expert sessions, a fireside chat, and open house sessions, covering themes such as customer experience, governance, purposeful innovation, credit growth, risk management, workforce readiness, technology modernisation, and national priorities.