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Thursday, October 30, 2014

PM Narendra Modi to meet bank chiefs on Nov 5

The Prime Minister Narendra Modi will meet chief executives of public sector banks (PSBs) on November 5.

This meeting, which will be held in the Capital, assumes importance as it will be the first instance when Prime Minister himself will interact with the chief executives of PSBs.

It comes at a time when public sector banks are crying for reforms and nearly eight of them are headless.

Indications are that the meeting--which will also be attended by Finance Minister Arun Jaitley--will see review of banks' operational and financial performance including status of nonperforming assets.

The top 30 NPA accounts of each bank will also come up for discussion, official sources said.

Source : The Hindu


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