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The Economic Times
The Economic Times
Business

Public sector banks have ‘considerable strength’, says FM Sitharaman; asks them to use it with ‘greater ambition’

Public sector banks are operating with “considerable strength”, and the task now is to use that strength with “greater ambition”, Union Finance Minister Nirmala Sitharaman said on Tuesday, asking state-run lenders to step up their engagement with India's youth and align banking services with their changing expectations.

Speaking at the PSB Confluence, Sitharaman asked public sector banks to launch a month-long 'Banking for Youth' campaign from October 2, 2026, with a particular focus on citizens above 16 years of age.

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