Arun Jaitley to meet PSU bank heads on Nov 23

Published by Metro India News on November 16, 2015 00:09:30 AM
Arun Jaitley

Finance minister Arun Jaitley will meet heads of public sector banks (PSBs) on November 23 to discuss various issues, including bad loans and credit flow to productive sectors of the economy. The performance review meeting will also take stock of the credit flow to productive sectors to spur economy and review of 'Indradhanush' plan, the seven-point agenda to revive the fortunes of PSBs, sources said.

The government in August announced seven-point agenda, including `70,000 crore capital infusion in PSBs in four-year period starting with `25,000 crore in the current fiscal and measures to de-stress the banks of NPAs by introducing governance reforms.