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FM Sitharaman to meet PSU bank CEOs on Friday to take stock of sector

The meeting assumes significance as it will be the first after the Narendra Modi government returned to power in May this year

Nirmala Sitharaman
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Finance Minister Nirmala Sitharaman | Photo: PTI

Press Trust of India New Delhi
Finance Minister Nirmala Sitharaman will meet the CEOs of public sector banks on Friday to review the financial performance of the lenders and discuss ways to increase credit growth to propel the economy, sources said.

The meeting will also review the progress of resolution of NPA cases under the Insolvency and Bankruptcy Code (IBC), the sources added.

It is expected to take stock of the banking sector, and discuss ways to improve their financial health.

The meeting assumes significance as it will be the first after the Narendra Modi government returned to power in May this year.

Secretaries of both the Department of Revenue

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First Published: Jul 31 2019 | 11:12 PM IST

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