Indian Finance Minister counters criticism, citing improvements in public sector banks under current leadership.

Finance Minister Nirmala Sitharaman refuted Rahul Gandhi's allegations against India's public sector banks (PSBs), stating they have improved under PM Modi's leadership. Sitharaman criticized the previous UPA government for misusing PSBs and highlighted the current government's efforts, including a Rs 3.26 lakh crore recapitalization and reforms like the '4Rs' strategy. She also mentioned financial inclusion initiatives and better conditions for bank employees.

3 months ago
21 Articles