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FM to meet PSU bank chiefs today

BS Reporter
Last Updated : Nov 20 2014 | 12:53 AM IST
Finance Minister Arun Jaitley will meet heads of public sector banks on Thursday to review their performance for the second quarter ended September 30.

"Issues of capital adequacy, non-performing assets (NPAs), recovery, stalled projects, new projects and financial inclusion will be discussed, among others," the finance ministry said in a statement.

Other major issues on the agenda include overall credit growth with particular reference to agriculture credit, credit to small and medium enterprises, housing loans, education loans, lending to minority communities and weaker sections of the society. Performance with regard to Pradhan Mantri Jan Dhan Yojana, Direct Benefits Transfer and Unique Identification Authority of India might also be reviewed in the meeting.

This will be the first quarterly review meeting of new Financial Services Secretary Hasmukh Adhia with the chief executive officers of public sector banks and financial institutions.

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First Published: Nov 20 2014 | 12:22 AM IST

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