Iran war: Public sector banks asked to stay prepared - Business News, Finance News, Share Market News - Market trendz

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Saturday, 30 May 2026

Iran war: Public sector banks asked to stay prepared


Public sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance and launched a portal for unclaimed financial assets. Banks were urged to adopt austerity measures and support borrowers under the ECLGS 5.0 scheme. Efforts to strengthen digital banking and credit access for MSMEs were also discussed.

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