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The Economic Times

Economy / The Economic Times

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Iran war: Public sector banks asked to stay prepared

Public sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance and launched a portal for unclaimed financial assets. Banks were urged to adopt austerity measures and support borrowers under the ECLGS 5.0 scheme. Efforts to strengthen digital banking and credit access for MSMEs were also discussed.

29 May 2026 11:41 pm