The customers of HDFC, SBI and ICICI Bank will benefit the most if the suggestion given by the Finance Minister is implemented. The process will be made easier for loan borrowers.
New Delhi: Finance Minister Nirmala Sitharaman had made a big deal about the banking system last days. On implementing the suggestion given by the Finance Minister, the account holders of every small and big bank will have. The Finance Minister had talked about making the banking system more easy keeping in mind the needs of the customers.
When will the new system be implemented?
In such a situation, the question is that when will the new system be implemented to give convenience to the customers on behalf of the banks. Let us tell you that the banks are constantly being asked by the government to make the banking system more easy. The Finance Minister had said that all banks need to pay attention to the facilities of the customers. This will make the process easier for the borrowers.
Advice on not to lax in the rules
The Finance Minister had said that there should be no laxity in the rules for giving loans to banks. But the system needs to be simplified. In the meeting between the industry representatives and the Finance Minister, it was suggested to give loans without any hassle from a startup founder.
If this suggestion is implemented, then customers of big banks SBI, HDFC and ICICI will benefit the most. Most of the customers take more loans from these banks only. The Finance Minister also gave some suggestions for the bank community and also talked about their stand. The Finance Minister said, ‘Banks need to become more and more customer friendly.
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