Top headlines: FM to hold review meet; pharma focusing on OTC drugs

From govt asking ministeries to review staffer performance to likely SC verdict on telecom AGR dues, here are top headlines this morning

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