Indian state-run banks plan overhaul for risk-based profitability and enhanced scrutiny of securities
State-run banks in India are set to revamp their processes by creating a risk-based profitability measurement framework, which will involve more detailed scrutiny of securities pledged by high-value borrowers. The move is part of a proposed strategic roadmap until FY26 being developed in discussions between public sector banks (PSBs) and the government.
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