FM Nirmala Sitharaman to meet PSU bank chiefs on Friday, to review credit flow

The meeting, to be held via video-conferencing, will also take stock of interest rate transmission to borrowers by banks and progress on moratorium on loan repayments, the sources said. The meeting assumes significance in light of the over Rs 20 lakh crore comprehensive economic package announced for the economy reeling under the COVID-19 crisis.

from Banking/Finance-Industry-Economic Times https://ift.tt/3bNI050