Need to make our banks key part of global trade: PM Narendra Modi

Prime Minister Narendra Modi on Monday said India’s banks and currency need to be made an important part of global trade and supply chains.

At an event of the ministries of finance and corporate affairs, the prime minister asked financial institutions to continuously encourage good corporate governance practices.

Modi said India has developed various financial inclusion platforms and there is a need to create awareness about them for their optimum utilisation.

“It is necessary to focus on how to make our domestic banks and currency an important part of international supply chain and trade. We have shown in the past eight years that