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A well written story by Harsh Kumar. Appreciate the efforts to dig out how business per employee is increasing and staff is decreasing in some banks. This shows the growth of those banks alongwith increasing workload on employee.

The Business Per Employee across #publicsectorbanks (PSBs) has improved significantly over the years, reflecting rising employee productivity and greater operational efficiency. Details here mybs.in/2enlUHB Harsh Kumar

ED raids 37 sites in Delhi, recovers fake contractor bills, government files and 322 mule-linked passbooks in Rs 2,000 crore classroom construction scam probe #ED #Delhi #DelhiSchools #MoneyLaundering | Harsh Kumar mybs.in/2enoie2

Sivasubramanian Ramann assumes charge as the chairperson of the Pension Fund Regulatory and Development Authority (PFRDA). #SivasubramanianRamann #PFRDA #ComptrollerAndAuditorGeneralOfIndia | Harsh Kumar mybs.in/2enoihg

Good morning! This is what Business Standard's front page looks like today. Read the stories on business-standard.com

The govt is likely to allow foreign insurers to appoint a majority of non-resident board members, along with other key managerial personnel, once the #FDI cap is raised to 100% from the current 74%. Harsh Kumar mybs.in/2enoikC

After deadline extension, eligible central government employees, retirees, and spouses of deceased retirees now have time until 30 September 2025 to opt into the Unified Pension Scheme. #UnifiedPensionScheme #Pension #Finance | Harsh Kumar mybs.in/2enq83Q

Centre looks to step up stake sales in CPSEs to meet Sebi's MPS norms, revive strategic disinvestment, and boost market discipline amid legal hurdles, execution delays, and limited investor appetite #SEBI #Disinvestment #MPS #Markets | Harsh Kumar mybs.in/2enqZln

Finance Minister says trade deals with US and EU near finalisation as she assures Indian exporters of full support amid global slowdown and volatile trade conditions. #FinanceMinistry #NirmalaSitharaman #TradeDeals #US #EU | Harsh Kumar mybs.in/2enqZnJ

Centre may speed up stake dilution in GIC Re, New India Assurance Read the details here mybs.in/2enr3fC Harsh Kumar

IBPS to use Aadhaar-based authentication for verifying the identity of candidates appearing for exams and recruitment drives. #IBPS #Aadhaar #Verification #IBPSPO #NirmalaSitharaman | Harsh Kumar mybs.in/2enrVLT

Finance Minister Nirmala Sitharaman reviews PSB performance, stresses deposit growth, better service, staffing, green lending, MSME credit, and expanded presence in underserved areas. #financeminister #NirmalaSitharaman #PSB #BankingSector | Harsh Kumar mybs.in/2enrxDL

Amid rising competition from private and small finance banks, PSBs have been asked to scale up physical infrastructure and cover over 200 unbanked population clusters. #PSB #Banks #BankingSector #RBI | Harsh Kumar mybs.in/2entMLo

NARCL has acquired 26 stressed accounts with an exposure of ₹156,323 crore in the last 3 financial years from FY23 to FY25, according to govt sources. #NARCL #AssetManagement #Industry | Harsh Kumar mybs.in/2eoSEoI

CII president Rajiv Memani says China's Foxconn exit signals the risk of over-relying on a few countries for manufacturing and supply chains, and outlines India's growth prospects for 2025-26. #CII #Foxconn #Apple #iPhone #FreeTrade | Harsh Kumar mybs.in/2eoTAHN

The #financeministry has asked #publicsectorbanks to scout for potential locations and open new branches amid growing competition from private banks. Harsh Kumar mybs.in/2entMLo

At the CII summit, DFS Secretary M Nagaraju said fintechs must widen access to finance and develop AI-led tools to combat cyber threats and support rural economic growth. #CII #MNagaraju #Fintech #AI | Harsh Kumar mybs.in/2eoV1Hu

Expand financial inclusion using #AI, says DFS secy M Nagaraju to #fintechs Harsh Kumar mybs.in/2eoV1Hu

With the #modigovt's flagship crop insurance scheme, the Pradhan Mantri Fasal Bima Yojana, nearing a decade since launch, Lavanya R Mundayur, CMD of the Agriculture Insurance Company (AIC) of India, spoke with Harsh Kumar and Sanjeeb Mukherjee Read the interview here mybs.in/2eoVusJ

To improve transparency in #HealthInsurance claims, and reduce consumer grievances, the FinMin is seeking control of National Health Claims Exchange that is currently under the purview of the #healthministry. Harsh Kumar mybs.in/2eoWOgc