 "Mudra, loans, banks")
Amid rising non-performing assets from loans sanctioned under the Pradhan Mantri Mudra Yojana (PMMY) and slowdown in credit offtake in the current financial year, the finance ministry has called a meeting with the managing directors and chief executive officers of public sector banks to discuss these issues.
Minister of State for Finance, Bhagwat Karad will meet the PSB CEOs on September 16 in Aurangabad to discuss the issues with Mudra loans. Another issue that will be discussed is ‘rationalisation of bank branches and opening of bank branches after banks' merger’, according to a communication send by the finance ministry to
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