💨 Abstract

Union Finance Minister Nirmala Sitharaman urged banks to lower interest rates to make them more affordable, stating that current rates are causing stress for people. She emphasized the need for affordable lending to help achieve India's growth aspirations. Sitharaman also asked banks to prioritize their core function of giving loans, focusing on transparency, ethical practices, and clear communication strategies.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖