<h1>Finance Minister Urges Structural Reforms for PSBs, Highlights Need to Tackle Inflation and Wilful Defaulters.</h1> The Finance Minister reviewed the 2013-14 performance of public sector banks (PSBs) and financial institutions, emphasizing the need for structural reforms to address inflation and urging tougher actions against wilful defaulters. Despite a challenging year, over 10,000 new bank branches were opened. Discussions included non-performing assets (NPAs), credit flow to agriculture and MSMEs, and financial inclusion. Priority sector lending reached 37% of Adjusted Net Bank Credit, with notable growth in micro and small enterprises and the housing sector. Gross NPAs increased to 4.44%, and banks were urged to intensify recovery efforts and address defaulters.