New Delhi, Sept. 13 -- Public Sector Banks have moved beyond the 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, M Nagaraju, Secretary Departmnent of Financial Services, said today.

He 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.

He was speaking at 'PSB Manthan 2025', a two-day programme organised by Department of Financial Services (DFS), Ministry of Finance that concluded today.

Discussions further suggested that Public Sector Banks put in place ro...