Union Finance Minister Arun Jaitley (File | PTI) NEW DELHI: Finance minister Arun Jaitley will review the performance of public-sector banks (PSBs) on Monday here, amid mounting pressure to resolve the vexed issue of massive toxic assets that have eroded the banks’ ability to lend, hurting investments.
Major issues to be discussed in the meeting include non-performing assets (NPAs) of PSBs, status of credit to small and medium enterprises, StandUp India (launched to support entrepreneurship among women and Scheduled Caste & Scheduled Tribe communities) and Mudra Yojana (through which the government provides funding to the non-corporate small business sector).
The meeting […]
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