Don’t miss the latest developments in business and finance.

FM to review bank chiefs' performance tomorrow

Other major issues on the agenda include overall credit growth with particular reference to agriculture credit, credit to SMEs

BS Reporter New Delhi
Last Updated : Nov 19 2014 | 8:35 PM IST
Finance Minister Arun Jaitley will meet heads of public sector banks tomorrow to review their performance for the second quarter ending 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 (PMJDY), Direct Benefit Transfer (DBT) and UIDAI may 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 (PSBs) and financial institutions.

 

 

More From This Section

First Published: Nov 19 2014 | 8:12 PM IST

Next Story