SME Times News Bureau | 26 Feb, 2020
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.