 "Nirmala Sitharaman")
FM Sitharaman to hold review meeting with lenders on loan recast scheme
Finance Minister Nirmala Sitharaman will hold a review meeting with the financial sector on September 3 to review their preparedness of the loan restructuring scheme to provide relief to borrowers impacted by the Covid-19 pandemic. The finance ministry said in a statement on Sunday that the FM will “review with the top management of scheduled commercial banks and NBFCs [non-banking financial companies] the implementation of the resolution framework for Covid-19 related stress in bank loans.” Read More
Govt asks ministries to review performance of staffers aged over
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