Mumbai, Sept. 26 -- Finance Minister Nirmala Sitharaman on Thursday urged banks and financial institutions with strong balance sheets to scale up lending to public infrastructure, industry and the micro, small and medium enterprises (MSME) sector.

Speaking at the Foundation Day event of Bank of Maharashtra, she underlined the critical role of banks in sustaining economic momentum amid rising global uncertainties.

"The global environment has become increasingly unpredictable. The extent to which countries are affected depends on their exposure to these shocks and how well-prepared they are," Sitharaman said, according to TOI.

She noted that despite turbulence in the international economy, India had demonstrated resilience, supported by ...