https://www.taxtmi.com/news?id=1984 The Finance Minister directed Public Sector Banks and Financial Institutions to contain non-performing assets by devising NPA-reduction strategies, undertake comprehensive capital planning in preparation for Basel III, and sustain credit flow to priority sectors. Banks must ensure agricultural credit targets with effective Kisan Credit Card renewal and interest subvention delivery, expand MSE and housing credit using guarantee schemes and subvention mechanisms, expedite education loan processing with time-bound disposal, support recapitalisation and CBS migration of Regional Rural Banks, and scale Aadhaar-enabled accounts and Business Correspondent operations to advance financial inclusion. en-us Fri, 08 Jul 2011 17:59:52 +0530 Fri, 08 Jul 2011 17:59:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1984 The Finance Minister directed Public Sector Banks and Financial Institutions to contain non-performing assets by devising NPA-reduction strategies, undertake comprehensive capital planning in preparation for Basel III, and sustain credit flow to priority sectors. Banks must ensure agricultural credit targets with effective Kisan Credit Card renewal and interest subvention delivery, expand MSE and housing credit using guarantee schemes and subvention mechanisms, expedite education loan processing with time-bound disposal, support recapitalisation and CBS migration of Regional Rural Banks, and scale Aadhaar-enabled accounts and Business Correspondent operations to advance financial inclusion. News - Fri, 08 Jul 2011 17:59:52 +0530 https://www.taxtmi.com/news?id=1984