Need for inclusive credit strategies for unbanked population: DFS secretary to banks
Published on: Feb. 3, 2026, 1:21 a.m. | Source: The Economic Times
New initiatives aim to boost credit access for the unbanked. The BAANKNET app and Digital Balance Confirmation Platform were launched to streamline property auctions and audits. The PSB Alliance is encouraged to broaden its services. These steps support financial inclusion and efficiency. India's banking sector shows robust health with declining NPAs and steady credit growth.
