12th SBI Banking and Economics Conclave

Address by Union Finance & Corporate Affairs Minister Nirmala Sitharaman in Mumbai
- Advocated for developing world-class banks in India
- Stated that discussions are ongoing in this regard
Guidance to banking sector
- Banking sector must support growth by expanding credit availability
- Banks should deepen and widen credit flow to productive sectors to promote growth
Demand & investment link
- Asserted that recent GST rate cuts will spur demand and investment
Broader reforms
- Stated that government has taken countless path-breaking reforms since 2014
- Purpose: Improving ease of doing business