PSU banks plan youth banking push before Diwali, with savings, loans

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State-run banks are preparing to launch three financial products aimed at youth, covering savings, investments, insurance, and loans. These new offerings will be introduced before Diwali, in response to directives from Finance Minister Nirmala Sitharaman. A shared portal with interactive features is also being developed to engage young citizens effectively. The initiative aims to promote responsible financial behavior and awareness among the youth.