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    <title>Union Finance Minister reviews the Annual Financial Performance of Public Sector Banks including private banks, insurance companies and Financial Institutions for FY 2014-15 - Expects doubling of Loans to the small Business Sector from 50,000 Crore in 2014-15 to 1 Lakh Crore in 2015-16</title>
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    <description>The Finance Minister reviewed bank financial parameters, urging fuller transmission of policy rate cuts, higher growth in priority housing and education loans, and systematic remedies for rising Non-Performing Assets through sector-by-sector solutions, inter-agency coordination and potential regulatory adjustments. He called for identifying major projects stalled for financial reasons and de-bottlenecking them, promoted robust claim-settlement and awareness for social security schemes, sought greater private bank participation, and set a target to double lending to the small business sector while stressing effective grievance redressal by banks and financial institutions.</description>
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    <pubDate>Fri, 12 Jun 2015 18:15:57 +0530</pubDate>
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