Jaitley reviews PSBs performance

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New Delhi, Nov 23 (ANI): Finance Minister Arun Jaitley on Monday reviewed the performance of Public Sector Banks (PSBs). The meeting was attended by Minister of State for Finance Jayant Sinha, Secretary/Senior officials of Ministry of Medium, Small and Micro Enterprises (MSME), Ministry of New and Renewable Energy (MNRE), Ministry of Food Processing, Ministry of Textiles and Ministry of Rural Development, Chairmen and Managing Directors of PSBs, and senior officers of the Ministry of Finance. The major thrust areas of review were priority sector lending, Quarter-2 results, financial literacy, Pradhan Mantri MUDRA Yojana (PMMY), insurance and pension schemes. Apart from the aforesaid reviews, the Ministry of MSME discussed issues related to MSME financing, while the Ministry of New and Renewable Energy (MNRE) will discuss the status of commitment given by banks for funding of renewable energy projects over the next five years.

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