Banking sector
India is constantly trying to increase its strength in the banking sector of the world. In this sequence, the next target of the country is that by 2047, at least two public sector banks of the country should join the top 20 PSB in the world, which matches the vision of developed India. Currently, only State Bank of India and HDFC Bank are in the list of top 100 global lenders on the basis of assets.
According to the ET report, strengthening corporate governance in public sector banks at the two -day PSB Manthan Conference, which started on Friday, improving the customer experience, and making them compatible at the global level through modernization. The agenda also included topics like cyber security, workforce transformation, risk management, and personal banking.
Referring to the global ensuing, the officer associated with the case said that our aim is to make public banks a future-red and systematically grow by increasing their capacity. The growth of better autonomy and next level is also being talked about. RBI Deputy Governor Swaminathan J. And Chief Economic Advisor V. Anant Nageswaran was among the senior officers who addressed the sessions on Friday. Bankers had discused the declining current account savings account (CASA) and the need to improve it.
Msme loan
According to the report, there was also a topic need to boost loan growth in agriculture and priority sectors like micro, small, medium enterprises. In July 2025, loan growth was slow, non-food credit growth declined from 13.7% to 9.9%. According to the research note of CARAIGE ratings, the industrial loan was demand week and there was less than 1% growth to give loans to big industries. Public banks have done tremendous improvement in their financial performance. In March 2021, his gross NPA declined from 9.11% to 2.58%. In this period, his net profit increased from Rs 1.04 lakh crore to Rs 1.78 lakh crore and the dividend payment increased from Rs 20,964 crore to Rs 34,990 crore.
The previous PSB churning took place in 2022, after which the government asked banks to prepare a 3 -year business strategy roadmap. It was also suggested that the bank should find the posisibilities of collaboration with each other, in which big banks should share their best practices with small banks and guide in areas where more experts are needed. Under the reform agenda of FY 2026, Easerise, the focus of PSB will be on strengthening the risk management systems, increasing capacity to handle the Economic Shox and maintain financial stability.