Finance Minister P. Chidambaram is scheduled to meet select bankers in Mumbai on Monday to impress upon them the need to increase lending to productive sectors, including infrastructure projects, so as to boost economic growth. He is expected to meet officials from select banks including SBI and Bank of Baroda, among others, according to sources. Besides, they added, Chidambaram is likely to meet investors and impress upon them that India is safe and an attractive destination for investment. The Finance Minister is likely to ask banks to increase lending to productive sectors to prop up growth and will also try to address the concerns of the banks.
Chidambaram to meet bankers in Mumbai on Monday
New Delhi, April 7:
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