The Minister also urged the bankers to take decisions in a time bound manner and ensure quick flow of funds.
Various experts from the BFSI space have reacted on this move.
It has argued that it is time to revaluate the objectives of PSBs and their role in the Indian economy.
Sebi has tightened the disclosure norms for the listed banks
Market experts seem to hold a positive view on large banks in corporate as well as public sector segment.
Government has infused capital of Rs. 315,721 crore in PSB during the period from financial year 2008-09 to 2018-19