PSB Confluence to focus on youth, deposits as Modi sets global ambition for Indian banking
The department of financial services is hosting PSB Confluence 2026 on Monday and Tuesday in New Delhi, bringing together nearly 125 senior leaders from PSBs and public financial institutions.
New Delhi: Public sector banks (PSBs) have set their sights on boosting youth deposits and expanding their customer base, according to a recent strategy meeting. The government aims to leverage enhanced PSB balance sheets to achieve this ambitious goal, according to sources familiar with the matter. The two-day meeting will focus on mobilizing deposits and tailoring banking services to cater to the needs of the younger demographic.
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