Banks need to focus on core areas and use old methods to attract deposits: Finance Minister at RBI meeting | Latest news from India
New Delhi: Finance Minister Nirmala Sitharaman on Saturday asked banks to focus on their “core areas” of lending and deposit-taking. She expressed concern over weakness in lending and deposit-taking and urged them to strive for a balance between the two by replacing “old-fashioned” methods of collecting deposits with innovative and attractive schemes. Finance Minister Sitharaman […]
