Finance

PBS: PSBs to hold credit outreach event as a part of Azadi Ka Amrit Mahotsav

All public sector banks will be holding a credit outreach drive across districts on Wednesday June 8, as a part of the Azadi Ka Amrit Mahotsav ,AKAM, As a part of the drive, authorities will be hearing out customers and the public about their queries on credit facilities and on enrollment in various government schemes, the Finance Ministry said in a press release on Tuesday.

These district level programs are being coordinated by all Public Sector Banks and State Level Bankers Committees (SLBCs), the MoF said.

The programs are part of the MoF’s celebrations, which will take place from June 6 to 12, 2022.

All SLBCs have been directed to conduct credit outreach programmes, enrolment in Jan Suraksha Schemes of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and Atal Pension Yojana (APY), customer awareness and financial literacy, and appropriately recognize the good work done by the branches, BCsthe MoF said in its release.

As part of the AKAM celebration, Prime Minister Narendra Modi launched the Jan Samarth portal on Monday, which is a credit-linked portal featuring 13 government initiatives aimed at easing credit availability.

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