币界网报道：India's Finance Ministry has directed all public sector banks (PSBs) to submit detailed lists of their subsidiaries and joint ventures within two weeks, aiming to enhance capital efficiency across state-owned lenders. The move comes as part of broader reforms to strengthen governance and optimize resource allocation in India's banking sector. Banks must disclose comprehensive information about their stakes in subsidiaries, associate companies, and joint ventures, including financial performance metrics. This initiative follows recent government efforts to improve PSBs' operational efficiency, including the merger of several state-run banks in recent years. The ministry expects this exercise will help identify redundant or underperforming subsidiaries that may be candidates for consolidation or closure. Financial sector analysts suggest this could lead to potential divestments or restructuring of non-core assets to free up capital for core banking operations. The directive applies to all 12 public sector banks, which collectively control about 60% of India's banking assets. Officials indicate this is part of a larger strategy to prepare PSBs for future challenges while maintaining financial stability. The banking sector has been grappling with legacy issues including non-performing assets, though recent quarterly results show improving asset quality trends. Market observers note this transparency push aligns with global best practices for bank holding company structures.