"There is a lot of catching up (to be done) by private sector banks with respect to their public sector counterparts in this aspect.I would request that the private sector banks increase their participation in the PMJDY and Jan Suraksha schemes in order to realise the ambitious goals that the government has set," Joshi said.
“The expenditure on cyber security arrangements needs to be enhanced by all stakeholders. Further, all the relevant entities need to be prepared to protect and secure digital personal data of their clients as part of the stipulated regulatory norms laid down under the digital Personal Data Protection Act 2023,” he said.