PSB Manthan 2025: Goal of Two PSBs in World’s Top 20 by 2047
Why in the news
A two-day conclave, PSB Manthan 2025, set a long-range goal tied to the Viksit Bharat 2047 roadmap: at least two public sector banks should rank among the world’s top 20 by 2047.
Key facts
- Goal: two PSBs in the global top 20 by 2047.
- Today only State Bank of India and HDFC Bank appear in the top 100 global lenders by assets.
- Risk management and financial stability fall under the EASErise agenda for FY26.
- Talks also looked at the falling CASA ratio (current account-savings account).
Focus areas
- Corporate governance: stronger oversight and autonomy.
- Customer experience: personalised banking and better service.
- Future readiness: AI, digital transformation, modernisation.
- Cybersecurity and workforce transformation.
Exam angle
- Event: PSB Manthan 2025, a two-day conclave.
- Target year: 2047, linked to Viksit Bharat.
- Terms: CASA ratio, EASErise agenda.