Banking push: FinMin asks PSBs to boost MSME, farm credit; focus on deposits, asset quality and AI-led innovation – The Times of India
The finance ministry has directed public sector banks (PSBs) to ramp up lending to micro, small and medium enterprises (MSMEs) and the agriculture sector while maintaining healthy growth in low-cost deposits and ensuring strong risk management, according to an official statement issued on Wednesday.Chairing a performance review meeting with bank chiefs, Department of Financial Services…