FM to meet CEOs of public sector banks on August 25
The Hindu
The Finance Minister is expected to take stock of the bad loans or non-performing assets situation, and discuss various recovery measures by banks.
Finance Minister Nirmala Sitharaman will meet heads of public sector banks (PSBs) on Wednesday to review the financial performance of the lenders and progress made by them in supporting the pandemic-hit economy, sources said. The meeting with MD and CEOs of PSBs assumes significance given the importance of the banking sector in generating demand and boosting consumption. Recently, the Finance Minister had said the government is ready to do everything required to revive and support economic growth hit by the COVID-19 pandemic.
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