new delhi finance minister nirmala sitharaman on wednesday met the heads of public sector banks psbs and reviewed the financial performance and progress made by them in supporting the pandemichit economy the minister took stock of the banking sector and progress on the restructuring 20 scheme announced by the reserve bank of india rbipraising the gst officers for their continued efforts even during the pandemic and maintaining collection momentum at over rs 1 lakh crore per month the finance minister stated that gst collections at rs 110 lakh crore will be the new normal sitharaman also declared the results of ease 30 enhanced access and service excellence index for 202021 and launched the ease 40ease is a common reform agenda for psbs aimed at institutionalising clean and smart bankinghere are the key points from sitharamans address nature of banking is changing rapidly industry has also realised the changing requirements of the sector fm requested the public sector banks to address the needs of exporters fm banks have been directed to interact with export promotion agencies as well as with bodies of industry and commerce so the requirements of exporters can be timely welladdressed fm banks have been also been directed to interact regularly with federation of indian exporters organisation so the exporters dont have to shuttle between various bankers fm with changed times now industries have option of raising funds even from outside banking sector fm banks themselves are raising funds through various avenues these new aspects need to be studied to target credit where it is needed fm sunrise sectors need banking support and we have asked banks to identity and provide the requisite financial assistance to them fm collectively psbs have done very well today they are able to show clear profits fm individually also several banks have done very well they have shown that they are now in a position to go to the market to raise money for their growth capital requirements fm even though psbs were caught up in extending dbt beneficiaries during pandemic the amalgamation work has not suffered and the process has been completed all banks are sufficiently endowed and customer service has not suffered even during the pandemic fm fintech is one sunrise sector which can provide technological help to banks as well as can benefit from help from banking sector fm logistics export needs of north eastern states needs to be looked after individually as prime minister has suggested banks need to cater to demand of organic fruit sector of north east market reach for north eastern products fm gst collection of rs 110 lakh crore per month will be the new normal sitharaman proposal for enhancement of family pension and employers contribution under the nps is approved by finance minister the benefits would now accrue to family pensioners debashish panda secretary department of financial services pension payout to bank employees has been hiked by a uniform slab of 30 per cent of the pensioners salary