FM Stresses on Financial Inclusion; Says Banks Need to Keep A Strong Vigil on Their Asset Quality.

FM Stresses on Financial Inclusion; Says Banks Need to Keep A Strong Vigil on Their Asset Quality. https://www.taxtmi.com/news?id=2223 The Finance Minister emphasized financial inclusion as essential for inclusive growth, urging Public Sector Banks to leverage branch networks and technology to expand rural and semi urban outreach, adopt viable business models, and partner with the government for last mile delivery. Banks should finance SMEs through tailored products, maintain diversified products and robust processes, invest in HR and training for a knowledge based banking environment, and keep a strong vigil on asset quality amid globalisation and inflationary pressures. en-us Wed, 07 Sep 2011 17:54:13 +0530 Wed, 07 Sep 2011 17:54:13 +0530 TaxTMI RSS Generator FM Stresses on Financial Inclusion; Says Banks Need to Keep A Strong Vigil on Their Asset Quality. https://www.taxtmi.com/news?id=2223 The Finance Minister emphasized financial inclusion as essential for inclusive growth, urging Public Sector Banks to leverage branch networks and technology to expand rural and semi urban outreach, adopt viable business models, and partner with the government for last mile delivery. Banks should finance SMEs through tailored products, maintain diversified products and robust processes, invest in HR and training for a knowledge based banking environment, and keep a strong vigil on asset quality amid globalisation and inflationary pressures. News - Wed, 07 Sep 2011 17:54:13 +0530 https://www.taxtmi.com/news?id=2223