Canindia News

FM pulls up PSU banks for poor branch-level services

New Delhi, Feb 26 (IANS) Finance Minister Nirmala Sitharaman on Wednesday pulled up PSU banks on poor branch level connections with customers, which is affecting the credit push.

Addressing an event organized by the Indian Banks Association in which EASE 3.0 was unveiled, she said the branch-level connect of the PSU banks with customers is not as it was earlier.

EASE is a Public sector banks vision document for better banking.

Customers expect personal touch from bank branch staff, the FM said, adding banks should work at branch-level in letter and spirit of banking, which is a direct connect with customers

The FM pulled up the banks, saying many bank branch staff do not have any information on government schemes.

She said IBA should conduct an exercise for bank branches to inform them about government schemes.




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