Public Sector Banks (PSBs) show strong performance in the First Half of FY 2024-25 with 11% Y-o-Y growth https://www.taxtmi.com/news?id=28088 Policy measures for public sector banks emphasise strengthening credit discipline, governance and resolution through EASE, the Insolvency and Bankruptcy Code, a Governance Framework, an Asset Reconstruction vehicle, and bank amalgamations, supported by regular high-level review. These interventions aim to improve stressed-asset recognition and resolution, responsible lending, financial inclusion, technology adoption and cyber controls, yielding stronger capital adequacy, lower nonperforming assets, higher credit and deposit growth, and improved profitability for PSBs. en-us Tue, 12 Nov 2024 16:41:16 +0530 Tue, 12 Nov 2024 16:41:16 +0530 TaxTMI RSS Generator Public Sector Banks (PSBs) show strong performance in the First Half of FY 2024-25 with 11% Y-o-Y growth https://www.taxtmi.com/news?id=28088 Policy measures for public sector banks emphasise strengthening credit discipline, governance and resolution through EASE, the Insolvency and Bankruptcy Code, a Governance Framework, an Asset Reconstruction vehicle, and bank amalgamations, supported by regular high-level review. These interventions aim to improve stressed-asset recognition and resolution, responsible lending, financial inclusion, technology adoption and cyber controls, yielding stronger capital adequacy, lower nonperforming assets, higher credit and deposit growth, and improved profitability for PSBs. News - Tue, 12 Nov 2024 16:41:16 +0530 https://www.taxtmi.com/news?id=28088