BANKING & FINANCE
FM Calls For Sharper PSL Monitoring, Youth-Focused Banking Campaign
Union Finance and Corporate Affairs Minister Nirmala Sitharaman has called upon public sector banks (PSBs) to sharpen monitoring of priority sector lending (PSL) targets and sub-targets, while ensuring that credit reaches intended beneficiaries in a productive and timely manner. Addressing the concluding session of the two-day PSB Confluence 2026, Sitharaman stressed the need for granular […]
CW Bureau
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Aug 19, 2026
BANKING & FINANCE
Govt Pushes Public Sector Banks To Prepare For Next Phase Of Growth
The first day of the two-day PSB Confluence 2026, organised by the Department of Financial Services (DFS), Ministry of Finance, brought together senior leadership of public sector banks (PSBs), public financial institutions (PFIs), government officials and domain experts to identify strategies for the next phase of India’s banking and financial sector growth. The Confluence is […]
CW Bureau
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Aug 17, 2026
BANKING & FINANCE
HDFC Bank Appoints Former Finance Secretary Rajiv Kumar As Chairman
HDFC Bank’s board has approved the appointment of former Finance Secretary Rajiv Kumar as the bank’s Part-time Chairman for a period of three years, effective from the date of approval by the Reserve Bank of India (RBI). The appointment fills the vacancy created after former Chairman Atanu Chakraborty resigned earlier this year, citing inappropriate conduct […]
CW Bureau
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Jun 29, 2026
