PSB Confluence on 17-18 August to Bring Together Leadership of Public Sector Banks and Financial Institutions for Action-Oriented Dialogue

Union Finance Minister Smt. Nirmala Sitharaman and Minister of State for Finance Shri Pankaj Chaudhary to address the Two-day Conclave

• Participating Institutions to Brainstorm on Identified Themes, Share Proven Practices, and Discuss Practical Initiatives that can be Adopted Across the Banking Ecosystem

The Department of Financial Services (DFS), Ministry of Finance, is set to host PSB Confluence, a two-day ideation conclave scheduled to be held on 17-18 August, in New Delhi, bringing together the leadership of Public Sector Banks (PSBs) and Public Financial Institutions (PFIs). The event aims to foster collaborative dialogue, exchange best practices, and chart out actionable, time-bound strategies with a strong focus on people-centric outcomes.

The event will be graced by the presence of the Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman, and Minister of State for Finance Shri Pankaj Chaudhary.

The PSB Confluence will serve as a platform for participating institutions to brainstorm on identified themes , share proven practices, and discuss practical initiatives that can be adopted across the banking ecosystem.

Deliberations at the conclave will be organised around different thematic tracks, each coordinated by a designated group of institutions. The thematic tracks will focus on Deposit Mobilization, Banking for Youth, Supporting the Investment Cycle, supporting Global Capability Centres, Agriculture & Horticulture Value Chain Infrastructure, Re-imagining the Credit Card Business, and Priority Sector Lending.

The themes have been selected for their direct bearing on citizen welfare and inclusive economic development. The discussions are expected to cover strengthening the resource base available for affordable credit, facilitation of the investment cycle for timely execution of infrastructure projects, development of capability centre ecosystems, strengthening rural value-chain infrastructure to address post-harvest requirements and market linkages, priority sector lending to extend formal credit to underserved segments, and designing banking products to meet the needs of the youth.

Collectively, these themes have been identified for their potential to translate institutional and policy interventions into measurable, people-centric outcomes.

The PSB Confluence will bring together approximately 125 participants, including Chairmen, Managing Directors and Executive Directors of PSBs, and PFIs such as NABARD, EXIM Bank, SIDBI, NHB, IIFCL, IFCI, and NaBFID, alongside senior officials from the Indian Banks Association and the Department of Financial Services.