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Govt plans two mega PSBs among global top 20 banks
Financial Express Bengaluru
|September 13, 2025
Deliberating Moves
THE FINANCE MINISTRY and top management of public sector banks (PSBs) on Friday agreed on a plan for the country to have two large PSBs among the top 20 banks globally. They also stressed that more autonomy needs to be given to bank boards.
The department of financial services' two-day 'Manthan' with PSBs chiefs also addressed issues related to customer service, regulatory changes, credit growth, NPAs, and the need for technological investments to enhance efficiency and competitiveness, according to official sources.
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