The Department of Financial Services (DFS), under the Ministry of Finance, conducted a comprehensive review of Public Sector Banks (PSBs) to assess their performance for the first half (H1) of FY 2025–26. The meeting, chaired by Shri M. Nagaraju, Secretary, DFS, was held in New Delhi and attended by Managing Directors and Chief Executive Officers of all PSBs.

The session focused on multiple strategic areas, including financial performance, asset quality, recovery and resolution processes, digital transformation, human–AI convergence, and the progress made under flagship government schemes that align with the vision of Viksit Bharat @2047.

Robust Financial Performance: Profits and Balance Sheet Strength

Public Sector Banks demonstrated strong financial performance during the first half o

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