Finance Minister Shri Arun Jaitley Reviews the Financial Performance of Public Sector Banks (PSBS); asks the CEOs of PSBs to clean-up their Balance Sheet at the Earliest https://www.taxtmi.com/news?id=15210 Finance Minister directed Public Sector Banks to prioritise expedited balance-sheet clean-up by addressing legacy NPAs with government support and policy measures. Banks discussed measures to improve asset quality and profitability, develop niche banking, and pass on rate reductions. Operational expectations included accelerating agricultural credit to meet growth and account targets, adopting the Vidya Lakshmi educational loan portal and credit guarantee arrangements, expanding priority-sector housing lending, and enhancing Pradhan Mantri Mudra Yojana outreach through publicity, skills linkages, and financial-literacy programs. en-us Tue, 24 Nov 2015 09:12:38 +0530 Tue, 24 Nov 2015 09:12:38 +0530 TaxTMI RSS Generator Finance Minister Shri Arun Jaitley Reviews the Financial Performance of Public Sector Banks (PSBS); asks the CEOs of PSBs to clean-up their Balance Sheet at the Earliest https://www.taxtmi.com/news?id=15210 Finance Minister directed Public Sector Banks to prioritise expedited balance-sheet clean-up by addressing legacy NPAs with government support and policy measures. Banks discussed measures to improve asset quality and profitability, develop niche banking, and pass on rate reductions. Operational expectations included accelerating agricultural credit to meet growth and account targets, adopting the Vidya Lakshmi educational loan portal and credit guarantee arrangements, expanding priority-sector housing lending, and enhancing Pradhan Mantri Mudra Yojana outreach through publicity, skills linkages, and financial-literacy programs. News - Tue, 24 Nov 2015 09:12:38 +0530 https://www.taxtmi.com/news?id=15210