India needs 4-5 SBI-size banks to meet growing economical needs
Said Finance Minister Nirmala Sitharaman at the 74th AGM of the Indian Banks’ Association
She urged the Association to develop a district-wise digital map of banks
It is to identify locations with no banking presence
So that such places can have either a physical or digital footprint
Indian economy explores various ways to adapt to the post-pandemic era
SBI is India’s largest bank with total deposits of ₹37.20 lakh crore as of June end 2021
