India, Feb. 2 -- The Government of India has issued a release:
The PSB Alliance Annual Strategy Meet 2026 was held at New Delhi today. The Secretary, DFS speaking on the occasion highlighted the transformation of PSB Alliance into a strategic partner, with a focus on the convergence of technology, data, and purpose to build an inclusive and innovative banking sector. The role of PSB Alliance in contributing positively to the Net Interest Margin (NIM) and Cost to Income Ratio of banks was also emphasised.
Secretary, DFS launched BAANKNET (Bank Assets Auction Network) mobile app and Digital Balance Confirmation Platform (DBCP) during the event.
It was noted that while BAANKNET has already brought structure and transparency to bank auction ...