Business Standard

FM to meet bankers on rate cut

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Press Trust Of India

Finance Minister Pranab Mukherjee will meet heads of public sector banks on June 10 to impress upon them the need to further cut interest rates and increase availability of credit to industry.

The broad agenda of the meeting was review of interest rates, credit growth and agriculture credit, official sources said. The meeting would also discuss infrastructure lending and capital adequacy over the medium term, they said.

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First Published: May 30 2009 | 12:59 AM IST

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