Khatana hails Modi Govt Banking Reforms, Defence Investment Push
HYDERABAD, Aug. 19 -- Senior Bharatiya Janata Party leader and Rajya Sabha Member of Parliament Engineer Gulam Ali Khatana has lauded the Modi government initiatives to strengthen the banking sector, improve the financial health of public sector banks, expand credit support for businesses and accelerate defence manufacturing, saying the reforms are yielding visible results in India's economic and strategic sectors. Khatana said the recent financial performance of public sector banks reflects the positive impact of the reforms and financial discipline introduced by the Modi government. During FY 2025-26, public sector banks recorded a record net profit of Rs 1.98 lakh crore, while the gross non-performing assets (GNPA) ratio declined to a hi...
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