FM Sitharaman to Review Foreign Currency Drive With PSB Heads

Finance Minister Nirmala Sitharaman will chair a high-level meeting on Monday, July 13, 2026, with the heads of public sector banks and financial institutions to review the progress of their foreign currency deposit mobilization campaign.

The meeting aims to evaluate how effectively banks have been attracting foreign currency deposits as part of the government's broader efforts to bolster foreign exchange reserves.

Sitharaman is expected to discuss strategies to enhance the campaign's reach and address any challenges faced by banks in mobilizing deposits.