Banks must tap into UPI infra to boost biz, says FM Sitharaman SHASHANK DIDMISHE — Times of India

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.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. …Read More