Finance Minister Arun Jaitley has said that all Fiancne Ministers have perpetual desire to cut interest rates but respect RBI decision. He was replying to a question regarding the cut of interest rates by RBI. Briefing media in New Delhi after RBI Board meeting, he said electoral bonds for political funding will be announced after holding discussion with RBI. <br/><br/>The Minister said, he explained what government has in mind with regard to electoral bonds in the meeting. He also said economic situation and budget suggestions were discussed. Replying to a question on Non Performing Assets, the Finance Minister said NPA resolution is an ongoing process and legal methodology is already in place.<br/><br/>RBI Governor Urjit Patel added that NPAs are mostly in sectors which have long gestation period. Replying to a question on demonetisation, Mr Patel said disclosure about demonetised currency deposited should be verifiable number in physical and accounting sense. He said care should be taken as the final numbers will be divulged after 30th June, the day when all windows for depositing old notes will be closed. On interest rates, the RBI governor said there is scope in reduction in lending rate.