New Delhi, Aug. 16 -- New Delhi: Public sector banks (PSBs) will focus on deposit mobilization and banking for youth at a two-day strategy meeting this week, as the government seeks to translate stronger PSB balance sheets into a broader customer base and greater capacity, according to two people aware of the development.

The department of financial services (DFS) will host PSB Confluence 2026 on 17-18 August in New Delhi, bringing together nearly 125 senior leaders from PSBs and public financial institutions. Union finance minister Nirmala Sitharaman is scheduled to address the gathering.

"The first day will open with 'deposit mobilization' followed by 'banking for youth,' before the discussions move to supporting the investment cycle ...