Perform or perish: Government asks PSBs to identify non-performing vendors, create negative list - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Perform or perish: Government asks PSBs to identify non-performing vendors, create negative list

The government directs public sector banks (PSBs) to blacklist underperforming service providers and collaborate to enhance efficiency. Finance ministry mandates periodic reviews of empaneled advocates' performance in Debt Recovery Tribunals (DRTs). PSBs urged to scale up utilities and peer-to-peer collaboration for improved services.


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