Finance Minister Nirmala Sitharaman reviewed the public sector banks (PSBs) yearly performance on Wednesday and announced the EASE 4.0, or Enhanced Access and Service Excellence, a shared reform agenda for PSBs aimed at institutionalizing clean and smart banking.
Sitharaman, who is in Mumbai for a two-day visit and is meeting with PSB CEOs and conducting an annual performance assessment of public sector lenders, said she has asked PSU banks to address the needs of exporters.
The finance minister’s visit was his first since the coronavirus disease (Covid-19) outbreak began.
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