 Early Times Report
Jammu, Aug 18: The first stage of the bottom-up consultative process designed to generate ideas and review performance of banks and their alignment with national priorities, was conducted at the Regional Level on 17th and 18th of August, 2019 by State Bank of India, involving all branches within the Region's jurisdiction. This was a first of its kind consultation where the branches were themselves asked to review their performance, deliberate on the issues before the banking sector, and ideate on future strategy and the way forward. The meet focused on the ways and means to increase credit to various sectors of the economy, enhance use of technology to bring about innovation and enable big data analytics, and make banking citizen-centric as well as more responsive to the needs and aspirations of senior citizens, farmers, small industrialists, entrepreneurs, youth, students and women. The following nine thematic papers by domain experts on various challenges facing the banking sector, were discussed during the meet with a view to suggest reforms in Public Sector Banks (PSBs), and the future roadmap for them. |
