Finance Ministry Tells State-Run Banks, Insurers To Cut Travel, Shift To EVs: Report
Last Updated:May 18, 2026, 5:44 PM IST The government’s order, as part of a broader austerity push, will cover State Bank of India, Bank of Baroda and Life Insurance Corporation of India. Institutions like SBI and Bank of Baroda have been asked to introduce cost-cutting measures. (File photo) India’s Ministry of Finance has directed state-run…