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Finance Minister to nudge PSB heads to lend more

Finance Minister Nirmala Sitharaman is scheduled to meet heads of public sector banks (PSBs) subsequent week to evaluate the efficiency of the lenders and the progress made by them to assist the financial system battered by the COVID-19 pandemic.

Banks can be urged to sanction loans for productive sectors to speed up revival of the financial system, sources stated.

According to sources, the two-day assembly would begin on November 17 and undertake a evaluate of varied segments, progress in authorities schemes together with Aatmanirbhar Bharat Abhiyan.

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