<h1>Finance Minister Orders Banks and Financial Institutions to Review Exposure and Strengthen NPA Monitoring Following CBI Application.</h1> The Finance Minister has instructed all Public Sector Banks, Financial Institutions, and Insurance Companies to assess their exposure to companies mentioned in a CBI application. An independent evaluation of asset quality, documentation, and compliance with prudential requirements is mandated. The Department of Financial Services noted these cases as isolated incidents of alleged illegal gratification without impaired asset quality. The Finance Minister emphasized strengthening NPA monitoring and management, ensuring adherence to procedures, and conducting fresh assessments of NPAs. Regulatory authorities and institutions are directed to review and enhance their procedures. The CBI will proceed with necessary actions as per their mandate.