Finance Minister Nirmala Sitharaman is conducting a review meeting today in New Delhi to assess the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs). This meeting is focused on evaluating key financial metrics and the effectiveness of various government initiatives to ensure that these banks are aligned with India's broader economic goals.

Finance Minister Nirmala Sitharaman is conducting a review meeting today in New Delhi to assess the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs). This meeting is focused on evaluating key financial metrics and the effectiveness of various government initiatives to ensure that these banks are aligned with India's broader economic goals.

The review of PSBs will cover important areas such as deposit growth, credit-to-deposit ratio, and asset quality. Additionally, the status of accounts managed by the National Asset Reconstruction Company Limited (NARCL) will be discussed, along with the banks' performance under government schemes like PM Awas Yojana, PM Surya Ghar, and PM Vishwakarma. Emphasis will also be placed on advancements in digital payments and cybersecurity.

For RRBs, the review will focus on financial parameters, Ground Level Credit (GLC) for agriculture, and technology upgrades. The meeting will also address the performance of RRBs in supporting Micro, Small, and Medium Enterprises (MSMEs), along with evaluating their contribution to other government schemes.

This comprehensive review is expected to provide critical insights into the operations of PSBs and RRBs, helping the government enhance financial stability and economic contributions across the nation【8†source】【9†source】.