FM Nirmala Sitharaman pushes banks to launch deposit mobilisation drive – Times of India
NEW DELHI/MUMBAI: Finance minister Nirmala Sitharaman on Monday nudged state-run banks to step up deposit mobilisation and conduct special drives so that it can keep pace with the growth in loans.The minister’s comments at a meeting with public sector bank chiefs came amid data by SBI Research suggesting that bank deposits, traditionally favoured for their…