No. of Bank Branches: Smt. Nirmala Sitharaman
Since March 2014, the banking network in India has grown significantly, with 42,511 branches of Scheduled Commercial Banks (SCBs) added till September 24, taking the total number to 1,65,501 as of September 2024.
— Nirmala Sitharaman Office (@nsitharamanoffc) March 26, 2025
Of these, 85,116 branches belong to Public Sector Banks (PSBs).… pic.twitter.com/ows1QgqP4H
Bank Write-Offs: Smt. Nirmala Sitharaman
Write-offs do not mean waivers. Borrowers of written-off loans remain liable to repay their dues. Banks continue to pursue recovery actions in written-off accounts using various mechanisms, including:
— Nirmala Sitharaman Office (@nsitharamanoffc) March 26, 2025
– Filing suits in civil courts or Debts Recovery Tribunals (DRTs).
– Taking… pic.twitter.com/qFjXl4icSF
Job creation in Banks: Smt. Nirmala Sitharaman
We have created 3.94 lakh jobs in Public Sector Banks (PSB) across different cadres & levels.
— Nirmala Sitharaman Office (@nsitharamanoffc) March 26, 2025
– SBI alone has created approximately 94,000 jobs.
– 41,000 jobs have been created by Bank of Baroda.
– 36,000 jobs have been created by Bank of India.
– 7,000 jobs have been… pic.twitter.com/EwZ3MvdWul
Bank Fraud Cases: Smt. Nirmala Sitharaman
As on 29.1.2025, during the last five years, the Directorate of Enforcement has taken up around 912 cases related to bank fraud, including those pertaining to wilful default.
— Nirmala Sitharaman Office (@nsitharamanoffc) March 26, 2025
In these cases, approximately Rs 44,204 crore of proceeds of crime have been attached/seized/frozen.
-… pic.twitter.com/FrdhwY6WRh
Jan Dhan Accounts of Women: Smt. Nirmala Sitharaman
55 cr. Jan Dhan accounts have been opened, with 55% held by women. 2023 Global Partnership for Financial Inclusion report says that by leveraging DPIs, India achieved over 80% bank account penetration—a feat that would have otherwise taken 47 years through traditional means – FM pic.twitter.com/0H7FLIBLFd
— SansadTV (@sansad_tv) March 26, 2025
Poor Working of PSU Banks: Shri Raghav Chadha
Today, I spoke in Parliament on The Banking Bill, 2024.
— Raghav Chadha (@raghav_chadha) March 26, 2025
I poured my heart out, voicing the everyday frustrations of the common man with our banking system.
1. Poor customer service
2. Limited banking infra in Rural India
3. Cyber fraud and digital data theft
4. Hidden bank… pic.twitter.com/ZfJJJ6HNlb