https://www.taxtmi.com/news?id=26370 The Finance Minister reviewed PSB exposure to recent international banking failures and directed emphasis on risk management, deposit and asset diversification, liquidity safeguards, regulatory compliance and regular stress testing. PSBs were instructed to identify concentration risks, adopt crisis management and communication plans, and leverage international and IFSC branches for opportunities. Guidance also included deposit mobilisation, redirecting stronger balance sheets to domestic credit growth, targeted credit outreach to low offtake regions, expansion into emerging sectors and promotion of the Mahila Samman Bachat Patra. en-us Mon, 27 Mar 2023 09:45:04 +0530 Mon, 27 Mar 2023 09:45:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26370 The Finance Minister reviewed PSB exposure to recent international banking failures and directed emphasis on risk management, deposit and asset diversification, liquidity safeguards, regulatory compliance and regular stress testing. PSBs were instructed to identify concentration risks, adopt crisis management and communication plans, and leverage international and IFSC branches for opportunities. Guidance also included deposit mobilisation, redirecting stronger balance sheets to domestic credit growth, targeted credit outreach to low offtake regions, expansion into emerging sectors and promotion of the Mahila Samman Bachat Patra. News - Mon, 27 Mar 2023 09:45:04 +0530 https://www.taxtmi.com/news?id=26370