The Finance Minister said that banks should protect themselves from any possible financial shocks.

(File)

New Delhi :

Union Finance Minister Nirmala Sitharaman has asked public sector banks to assess various financial parameters amid turmoil in the global banking sector.

The Finance Minister held a meeting with the heads of public sector banks in New Delhi on Saturday.

After the meeting, the Finance Ministry said in a statement that the lenders have been asked to identify various points regarding the risk. 

According to Reuters news

, before the meeting, the government had sought details of the bond portfolio of these banks. 

The Finance Minister told the bankers that banks should protect themselves from any possible financial shock.