India, Sept. 14 -- Public sector banks (PSBs) have transitioned from a phase of survival and stability and are now positioned to play a larger role as champions of growth, innovation, and leadership in the journey towards Viksit Bharat 2047, Financial Services Secretary M Nagaraju has said. Addressing the two-day PSB Manthan, which

concluded on Saturday, Nagaraju also highlighted the need for PSBs to aspire to global competitiveness, strengthen governance and operational resilience, and expand their role as sectoral champions across both traditional and emerging industries.

PSB Manthan 2025, organised by Department of Financial Services (DFS), themed around reimagining public sector banking for a developed India. The event brought toget...