<span style="color: #222222;">Finance Minister Nirmala Sitharaman held a review meeting with the heads of Scheduled Commercial Banks and NBFCs through Video Conferencing today to review their preparedness for implementation of the loan resolution framework for COVID-19 related stress. During the meeting, Ms Sitharaman impressed upon the lenders that as and when moratorium on loan repayment is lifted, borrowers must be given support. She said COVID-19 related distress must not impact the lenders' assessment of their creditworthiness.</span><br />'' <br />'' <span style="color: #222222;">The Finance Minister also emphasised that resolution schemes must be rolled out by lenders by 15th September and a sustained media campaign to create awareness be carried out. She advised lenders to ensure that regularly d FAQs on the resolution framework are uploaded on their websites in Hindi, English and regional languages, and also circulated to their offices and branches.</span><br />'' <br />'' <span style="color: #222222;">The lenders assured that they are ready with their resolution policies, and  they will comply with the timelines stipulated by the Reserve Bank of India.</span><br />'' <b><span style="color: #222222;"> </span></b><br />''