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We must also work towards improving our citizens’ experience of financial services. We need a seamless, secure, and portable KYC experience across the financial sector. This has been discussed with the regulators at the FSDC meetings. SEBI must help drive the prescription of common KYC norms and the simplification... show more

Nirmala Sitharaman Office

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14,797 views • 5 months ago •via X (Twitter)

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Our Public Sector Banks have historically played an important role in ensuring the flow of institutional credit to priority sectors and advancing financial inclusion. Credit to farmers, MSMEs, MUDRA beneficiaries, weaker sections and disadvantaged communities remains a top priority of this Government. Our objective must be to expand credit while also improving the quality of Priority Sector Lending. Its success should be assessed not merely by numerical targets, but by whether the credit is timely, adequate, productive, improving incomes and resilience. - Smt Nirmala Sitharaman during the #PSBConfluence in New Delhi (1/n)

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During her official visit to the United Kingdom, Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman met Rt. Hon. Keir Starmer, Prime Minister of the United Kingdom, in presence of Ms. Rachel Reeves Chancellor of Exchequer of the UK, and discussed trade and investment, and issues of mutual interest between the two countries. Earlier in the day, FM Smt. Nirmala Sitharaman and Chancellor Ms. Rachel Reeves co-chaired the 13th Economic and Financial Dialogue in London, reaffirming commitment to continue collaboration in financial services sector, FinTech and Digital economy and between the respective regulatory bodies; collaboration at bilateral and multilateral fora to address mutual and global economic issues.

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Our intention isn't revenue generation, but tax simplification. We aim to provide seamless services and clarity for our taxpayers. - Smt. Nirmala Sitharaman on the debate regarding indexation and other aspects of taxation.

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Financial inclusion has been the foundation of India's social transformation. Hon'ble PM Shri Narendra Modi brought crores of unbanked citizens into the formal banking system through PM Jan Dhan Yojana and enabled collateral-free credit backed by a sovereign guarantee. Our Digital Infrastructure further empowered these citizens to become entrepreneurs, build creditworthiness and participate in the formal economy. - Smt Nirmala Sitharaman at the Rencontres Économiques d’Aix-en-Provence

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Great meeting with my Belgian colleague and friend, Theo Francken, today at the Italian Ministry of Defense. We spoke frankly and in a spirit of friendship about cooperation in the defense sector, including the industrial dimension. We discussed the future of Europe, the threats it faces and concerns to the north, east, and south, the future of NATO, and the need to work together across all areas related to the security and defense of our citizens.” We discussed also defence industrial cooperation, including Belgian F-35 production in Italy and pilot training. We explored ways to strengthen EU defence and how Belgium & Italy can work together to address geopolitical challenges in Europe and Africa.

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Keeta Network is the most scalable blockchain in the world, capable of 10M transactions per second (TPS) and 400ms settlement. Designed to connect the world’s financial systems, Keeta combines built-in KYC, digital identity, on-chain FX, and a flexible rules engine—making it the first blockchain truly capable of supporting regulated financial transactions at global scale. Keeta not only bridges the gap between traditional finance and blockchain—it also connects with existing blockchain networks, enabling high-speed transfers between any two assets and interoperability across ecosystems. After several years of building, we launched the $KTA token to begin the rollout of Keeta Network. $KTA serves as the governance token, offering network ownership to holders. We are working closely with respected financial entities to modernize financial infrastructure from the ground up. Join us on our journey to connect the global economy—across banks, blockchains, and countries. Official website: Whitepaper: Network docs: SDK docs: Discord:

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Today, our IDBI Bank unit met with shree Rahul Gandhi ji to discuss our concerns regarding the privatization of IDBI Bank. We strongly opposed this move, emphasizing that it goes against the assurances given by the NDA government in 2003. We highlighted how IDBI Bank has been a profit-making institution and how its privatization would adversely impact employees, customers, and the broader economy. Privatization of public sector banks benefits only a selected few while compromising financial security for the common people. We urged for strong opposition to this decision to save the money of common people #SaveIDBIBank #StopPrivatization” Nirmala Sitharaman

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