On 9 May 2025, Finance Minister Nirmala Sitharaman directed banks to stay fully alert and ready in light of which specific situation?
Heightened geopolitical tensions near border regions
The correct answer is Heightened geopolitical tensions near border regions.
On 9 May 2025, Finance Minister Nirmala Sitharaman held a review meeting with the heads of public sector banks and directed them to remain fully alert and operationally ready amid heightened India-Pakistan border tensions, ensuring uninterrupted banking, ATM and digital services and tight cybersecurity in border areas.
Implementation of a new banking tax is wrong; the directive concerned operational readiness, not any new tax measure.
Increasing prevalence of phishing scams is wrong; while cyber-vigilance was part of the readiness, the specific trigger was the border situation, not a phishing wave.
Launch of a digital-only banking model is wrong; no such model launch prompted this instruction.
Hence, the directive was issued in light of heightened geopolitical tensions near border regions.
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