Banking sector strong today due to current regime's reforms: PM Modi

Banks have to adopt a partnership model and reach out to their customers in a proactive manner, Modi said

Reforms undertaken by the National Democratic Alliance (NDA) government in the last 6-7 years in the Indian banking industry has ensured that the sector is in a very strong position today, Prime Minister Narendra Modi said on Thursday.

Addressing a conference on “Creating Synergies for seamless credit flow & economic growth”, the PM said, “ … reforms initiated by the government in the banking sector in the last 6-7 years, supported the banking sector in every way, due to which the banking sector of the country is in a very strong position today.

Financial health of the banking sector has also improved