December 13, 2024 03:55 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
UP teenager kills mother, lives with body for 5 days | At least six people including a child killed in Tamil Nadu hospital fire | Amid Atul Subhash row, SC says mere harassment is not enough to prove abetment to suicide | India's D Gukesh becomes youngest ever world champion in chess | Devendra Fadnavis meets PM Modi amid suspense over Maharashtra portfolio allocation | Congress wants to deviate the issue of Sonia Gandhi-George Soros link: JP Nadda | Bengaluru techie suicide: Atul Subhash's family demanded Rs. 10 lakh as dowry leading to my father's death, claims estranged wife | Syria rebels torch tomb of ousted president Bashar al-Assad's father | Donald Trump vows to eliminate birthright citizenship after taking charge | No alliance with Congress in Delhi polls: AAP chief Arvind Kejriwal

Arun Jaitley to review performance of PSBs

| | Nov 23, 2015, at 01:14 am
New Delhi, Nov 22 (IBNS) Union Finance Minister Arun Jaitley will review the performance of Public Sector Banks (PSBs) in a meeting scheduled to be held on Monday in the national capital.

"The meeting would be attended among others by Minister of State for Finance, Deputy Governor, RBI, Secretary, Department of Financial Services, Secretary/Senior officials of Ministry of Medium, Small and Micro Enterprises(MSME), Ministry of New and Renewable Energy (MNRE), Ministry of Food Processing, Ministry of Textiles &Ministry of Rural Development,Chairmen and Managing Directors of PSBs, Chairman, NABARD, and senior officers of the Ministry of Finance. The major thrust areas of review would be Priority Sector lending, Quarter-2 results, Financial Literacy, PMMY and Insurance and Pension schemes," read an official statement.

Apart from the aforesaid reviews, Ministry of MSME will discuss issues related to MSME financing while, Ministry of New and Renewable Energy (MNRE) will discuss status of commitment given by Banks for funding of Renewable energy projects in the next five years.

In the said review meeting, Ministry of Food Processing would discuss utilization of Special Fund of Rs. 2,000 crore set-up by the Ministry of Finance to provide affordable credit to Designated Food Parks (including Mega Food parks) and food processing units located therein, Ministry of Textiles will discuss Implementation of Revival, Reform & Restructuring (RRR) package for Handloom Sector & Institutional Credit to Sericulture whileMinistry of Rural Developmentwill discuss SHG Credit Linkage Plan among others.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.