PM Modi declared Indian banks as among the strongest globally due to government reforms.

PM Modi declared that Indian banks are among the strongest globally due to significant reforms implemented by his government, emphasizing their crucial role in strengthening the formal economy. He credited major reforms for fortifying the banking sector and making it one of the few strong banks on a global scale, stating that the commitment to reform is not for editorial praise or under compulsion, but to strengthen the nation. Reforms in various sectors, including banking, have contributed to India's growth, aiming to become a developed nation by 2047, on its 100th year of independence.

August 15, 2024
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