Banks should run professionally without any interference: PM Modi

He also asked the banks to play a proactive role in helping common man and put an end to lazy banking.

Zee Media Bureau

New Delhi: Prime Minister Narendra Modi on Saturday called upon India's banking sector to establish banks which rank among the top banks of the world. While speaking at 'Gyan Sangam' – the Bankers' Retreat in Pune, he said that banks should run professionally without any interference.

He also asked the banks to play a proactive role in helping common man and put an end to lazy banking.

The Prime Minister asked all the banks to develop dedicated teams to fight cyber
crimes and also wished that the banks should prioritse loans for companies that will help generate jobs in the country.

Meanwhile, Finance Minister Arun Jaitley said that the government is open to bold decisions for professionalising public sector banks.

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