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Banking for Youth: PSBs Use MY Bharat Portal for Internships

26 August 20261 min read
BANKING & FINANCEBanking for Youth:PSBs Use MYBharat Portal forInternships26 August 2026safalsetu.com

Why in the news

State-owned lenders want to bring young people in through a government youth portal, giving them hands-on banking experience.

Key facts

  • Platform: Mera Yuva Bharat (MY Bharat).
  • Participants: public sector banks.
  • Purpose: internships, training, and a feeder pipeline for junior-level jobs.
  • Trigger: a call from the Finance Minister.

Significance

  • Gives youngsters practical exposure to the banking sector.

Exam angle

  • Portal name: MY Bharat.
  • Minister who urged the change: Nirmala Sitharaman, Finance Minister.
  • Initiative label: Banking for Youth.

Test yourself

1. Which portal will public sector banks use for internships and training under Banking for Youth?

PSBs plan to use the Mera Yuva Bharat portal.

2. Whose call for more youth-friendly banks led to the PSB internship pipeline initiative?

It follows Finance Minister Nirmala Sitharaman's call.

3. What is the Banking for Youth initiative meant to create?

It aims at an entry-level recruitment pipeline.