Annual Review of PSBs: FM to Meet Bank Chiefs Amid Discontent Among Bankers
Finance Minister Nirmala Sitharaman will meet top executives of Public Sector Banks on May 15, 2025 to assess financial year 2025 targets amid growing concerns from employees.
Author: Kalyani Mali
Published: 18 hours ago
Union Finance Minister Nirmala Sitharaman is set to conduct the annual performance review meeting for financial year 2025 (FY25) with top officials of Public Sector Banks (PSBs) on May 15, 2025. The meeting will include managing directors of all PSBs, the chairman of State Bank of India, Financial Services Secretary M. Nagaraju, and other senior government officials.
Recent developments have brought attention to key financial results and performance trends across PSBs.
FY25 Snapshot: Growth, Challenges, and PSB Performances
UCO Bank’s FY25 Performance Shows Strong Growth: Net Profit Jumps 48%, NPAs Improve Sharply
Bank of Maharashtra Reports Q4 and FY25 Results: Success Amid Staffing and Workload Challenges
Central Bank of India Delivers Stellar FY2025 Results with 48.49% Profit Growth and Strong Asset Quality
Punjab National Bank vs Bank of Baroda: A Comparative Glimpse into FY2025 Growth
Indian Bank Q4 FY25 Profit Jumps 32% Amid Persistent Staff Shortage
Focus Areas: Financial Results and Digital Progress
The meeting will focus on reviewing FY25’s financial results. Discussions will also cover business growth, loan recoveries, digital banking advancements, and progress on financial inclusion initiatives.
Image: News report dated May 13, 2025, on Finance Minister Nirmala Sitharaman's meeting with PSB chiefs on May 15, 2025, to assess FY25 performance, digital banking progress, and financial inclusion goals.
Courtesy: @bankaffairs
Twitter Reactions Reflect Ground-Level Concerns
Ahead of the Finance Minister’s annual review with PSB chiefs, social media voices highlight growing discontent over forced insurance sales, data manipulation for PLI gains, and the continued exclusion of junior officers from incentive benefits—despite being the backbone of banking operations.
Image: Reaction on Twitter
The upcoming annual review meeting will bring together the Finance Minister and top PSB executives to assess FY25 performance. Emerging concerns from field-level staff and industry observers underscore the need for more inclusive incentive policies and transparent practices. Addressing these ground-level issues may be key to achieving the broader goals of financial stability, inclusion, and sustainable growth.
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