The finance ministry has urged public sector banks to prioritize cybersecurity and align their digital frameworks with industry best practices. This comes amidst growing concerns over cyber fraud and aims to ensure customer protection and operational continuity. The ministry also emphasized boosting lending to agriculture and MSMEs, deepening financial inclusion, and enhancing customer onboarding through digital innovations.
Finance ministry asks banks to focus on cybersecurity and accelerating pace of lending to agriculture & MSMEs
