Finance Minister Arun Jaitley will meet heads of Public Sector banks on November 23rd to discuss various issues, including bad loans and credit flow to productive sectors of the economy.<br/> <br/>The performance review meeting of public sector banks(PSBs)will also review Indradhanush plan, the seven-point agenda to revive the fortunes of PSBs.<br/><br/>The government in August announced seven-point agenda, including 70,000 crore rupees capital infusion in PSBs in four-year period starting with 25,000 crore rupees in the current fiscal and measures to de-stress the banks of NPAs by introducing governance reforms.<br/><br/>The meeting is also expected to review credit offtake by sectors such as home, education and corporates as well as the progress made under the Jan Dhan Yojana and Prime Minister's social security schemes, among other issues.
News On AIR | November 15, 2015 12:56 PM
Arun Jaitley to meet heads of PSU banks on November 23