Comments
Interim Finance Minister Piyush Goyal will meet chief executives of various public sector banks (PSBs) here on Tuesday.
Bank chiefs are expected to brainstorm on improving credit flow in the economy in a risk-mitigated manner, sources said.
Also on the agenda is a discussion on “achieving global standards and scale for Indian banks, the way forward”.
SBI is expected to make a presentation on these topics, sources added. Nearly 20 chief executives are likely to attend the meeting.
Besides Piyush Goyal, Department of Financial Services Secretary, Rajiv Kumar, will also be present at the meeting.
This meeting comes at a time when public sector banks are faced with the huge challenge of non-performing assets, besides competition from private sector banks and NBFC/fintechs.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.