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FM Sitharaman scheduled to meet Chief Executive Officers of PSBs in New Delhi today

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14 Oct, 19 04:07
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FM Sitharaman scheduled to meet Chief Executive Officers of PSBs in New Delhi today

Union Finance Minister Nirmala Sitharaman is scheduled to meet Chief Executive Officers of the Public Sector Banks(PSBs) in New Delhi today. The meeting is expected to discuss various issues including progress on credit off-take as part of the government's efforts to prop up the economy.

It will review the fund flow to stressed Non-Banking Financial Companies and Micro, Small and Medium Enterprises sectors. According to sources, the banks are expected to present report card on partial credit guarantee scheme and fund raising from market to enhance their capital base. This will be the second meeting of the Finance Minister with CEOs of the PSU banks in less than a month. 


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