Finance Minister Reviews Annual Performance of Public Sector Banks and Financial Institutions for 2013-14; Calls for Tougher Action Against Wilful Defaulters; Highest Ever More than 10,000 New Branches Opened during 2013-14 https://www.taxtmi.com/news?id=12700 Review emphasised strengthened enforcement against wilful defaulters and urged banks to form a consortium for joint recovery action; participants analysed rising NPAs, concentration in top NPAs, measures to prevent new NPA accretion and responses to stalled projects. The review also covered shortfalls and achievements in Priority Sector Lending, growth in education and MSE credit, housing sector lending and reductions in housing NPAs, and record branch and ATM expansion alongside macroeconomic impacts on deposit and advance growth. en-us Tue, 13 May 2014 17:56:21 +0530 Tue, 13 May 2014 17:56:21 +0530 TaxTMI RSS Generator Finance Minister Reviews Annual Performance of Public Sector Banks and Financial Institutions for 2013-14; Calls for Tougher Action Against Wilful Defaulters; Highest Ever More than 10,000 New Branches Opened during 2013-14 https://www.taxtmi.com/news?id=12700 Review emphasised strengthened enforcement against wilful defaulters and urged banks to form a consortium for joint recovery action; participants analysed rising NPAs, concentration in top NPAs, measures to prevent new NPA accretion and responses to stalled projects. The review also covered shortfalls and achievements in Priority Sector Lending, growth in education and MSE credit, housing sector lending and reductions in housing NPAs, and record branch and ATM expansion alongside macroeconomic impacts on deposit and advance growth. News - Tue, 13 May 2014 17:56:21 +0530 https://www.taxtmi.com/news?id=12700