Finance Ministry seeks data on state-bank bond portfolios amid global banking turmoil

India has asked state-owned lenders to submit details of their bond portfolios ahead of a quarterly meeting between the government and banks this Saturday, amid the turmoil in global banks. The data collection process has been going on for the last few days and is more of a precautionary exercise because the government "does not want to be caught off-guard" if the crisis spirals further, the banker added.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/JuoEb8U
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