1. FM Sitharaman asks public sector banks to launch 'Banking for Youth' from October 2

FM Sitharaman asks public sector banks to launch 'Banking for Youth' from October 2

India

  • Finance Minister Sitharaman on Tuesday asked public sector banks to launch a 'Banking for Youth' campaign from October 2.
  • She said public sector banks were seen as less cool than private banks and urged them to set up Yuva Kiosks at branches.
  • She suggested banks offer free online learning content, fitness vouchers and mental wellness benefits to attract youth.
  • Sitharaman said public sector banks must be the first choice for young Indians opening accounts or making investments.

Source: moneycontrol.com

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