Prøve GULL - Gratis
FinMin asks PSBs to improve CASA ratio, expand credit to priority sector
The New Indian Express Bhubaneswar
|September 13, 2025
The Ministry of Finance has set a long-term target of having at least two globally competitive Indian banks by 2047, and has therefore asked the public sector banks to focus more on improving fundamentals, including boosting low-cost deposits and expanding credit to priority sectors.
As per senior finance ministry officials, these issues and goals were discussed during the ongoing Manthan review of the state-run banks. During the review meeting, the Finance Ministry flagged the need for the public sector banks to strengthen current account and savings account (CASA) deposit ratio as it has slipped across banks in recent quarters, thereby creating pressure on net interest margins.
Denne historien er fra September 13, 2025-utgaven av The New Indian Express Bhubaneswar.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express Bhubaneswar
The New Indian Express Bhubaneswar
NATO Bolsters Its Eastern Flank After Poland Drone Intrusion
NATO chief Mark Rutte said Friday that the alliance would reinforce the defense of its eastern flank following the intrusion of Russian drones in Polish airspace this week.
1 min
September 13, 2025
The New Indian Express Bhubaneswar
Albania Appoints AI-Generated Minister to Avoid Corruption
Albania's leader said Friday his new cabinet will include an artificial intelligence \"minister\" that will be in charge of running public funding projects and fighting corruption in public tenders.
1 min
September 13, 2025
The New Indian Express Bhubaneswar
Electrocution whiff in tusker death, woman injured in elephant attack
A young tusker was found dead, likely due to electrocution, in Chirgunikudar forest of Brahminipali beat in Reamal range under Deogarh division on Friday.
1 min
September 13, 2025
The New Indian Express Bhubaneswar
FinMin asks PSBs to improve CASA ratio, expand credit to priority sector
The Ministry of Finance has set a long-term target of having at least two globally competitive Indian banks by 2047, and has therefore asked the public sector banks to focus more on improving fundamentals, including boosting low-cost deposits and expanding credit to priority sectors.
1 min
September 13, 2025
The New Indian Express Bhubaneswar
Climate change to alter habitat shift, snakebite risk across India
HE \"Big Four\" venomous snakes of India, namely the Indian cobra (Naja naja), common krait (Bungarus caeruleus), Russell's viper (Daboia russelii), and saw-scaled viper (Echis carinatus), are likely to see their habitats shift significantly due to climate change, a new study has found.
2 mins
September 13, 2025
The New Indian Express Bhubaneswar
New app to offer doctor consultation at fingertips
'STAY CHECKED', a healthcare app developed by a city-based tech firm, will now offer doctor consultation and a range of medical services to people at their fingertips.
1 mins
September 13, 2025
The New Indian Express Bhubaneswar
KNOW YOUR CANDIDATE DIGITALLY
What is the true meaning of a certificate? I found myself asking this question while reading about some Andhra Pradesh colleges withholding certificates from nursing students and asking them to work for a \"service period\" of a year in an affiliated hospital before being \"released.\"
3 mins
September 13, 2025
The New Indian Express Bhubaneswar
Amazon user growth in Odisha 10% faster than nat'l average
ODISHA has emerged one of the top-10 states in the country with the highest number of consumers using digital payment methods while purchasing commodities on Amazon and the user growth has been over 10 per cent (pc) faster than the national average over the past six months.
1 mins
September 13, 2025
The New Indian Express Bhubaneswar
Boxer Meenakshi Scales New Peak at Worlds
Everybody loves a good underdog story. Young boxer Meenakshi Hooda is in the process of scripting a tale worthy of that.
2 mins
September 13, 2025
The New Indian Express Bhubaneswar
New-look Pak face big India test
With the rivalry returning to sport, all eyes will be on how Agha-led side fares vs Surya & Co
4 mins
September 13, 2025
Listen
Translate
Change font size