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Friday, September 20, 2024

Banks must tap into UPI infra to boost biz, says FM Sitharaman

Finance Minister Nirmala Sitharaman advised banks to utilize digital footprints from UPI to grow their balance sheets. She highlighted UPI's international usage and emphasized adopting technology for risk mitigation and improved customer service. Sitharaman also urged banks to support businesses under stress rather than waiting for them to collapse.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qFU2a6m

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