Finance Minister Nirmala Sitharaman held a review meeting with Chief Executive Officers (CEOs) of public sector banks to discuss various issues, including debt disbursement and to implement the massive self-reliant India relief package to bring back the economy affected by Covid-19. Said to
Meeting held through video conferencing
The meeting took place through video conferencing. The meeting was significant in view of the government's recent announcement of an incentive package of Rs 20 lakh 97 thousand 53 crore and the announcement of new relief measures, including the Reserve Bank's policy rate cut. The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved several of the schemes announced under the Self-Reliant India Campaign Package to give momentum to the economy.
The Ministry wrote on Twitter that, 'Finance Minister Sitharaman had a review meeting with all the PSBs to implement the schemes announced under Self-Reliant India. Everyone agreed that there is a need to address the needs of MSMEs (micro, small and medium enterprises) and other customers immediately. Details will be released soon about the implementation of the plans.
Guidelines issued to banks
Indian Bank Managing Director Padmaja Chundru said after the meeting that the Finance Minister emphasized on providing additional loan to MSMEs and simplifying the procedures, format and documentary requirements. Since the Union Cabinet has already approved various schemes, operational guidelines have been issued to banks.
Banks are optimistic about the plans
Pallav Mahapatra, managing director and CEO of Central Bank of India, said the finance minister took stock of the situation and reviewed the progress of various schemes. He said, "All banks are very optimistic about the recently announced schemes to strengthen the economy."
Today is the last day of the Amazon Great Indian Sale of this festive season. That is, you have l
PM Modi's address: Till there is no medicine, no laxity
"If you are careless, walking out without a mask, you are putting yourself, your family, your fam
The names of Bollywood's handsome hunk actor Hrithik Roshan and actress-singer Saba Azad are now
COVID-19 Vaccination: Two women deteriorated after getting 'Covaxin in Gurugram
During the vaccination campaign started today across the country to end the corona epidemic, two
The Royal Challengers Bangalore team, who were hoping to win the trophy in the 14th season of the
UPMSP 10th, 12th Result 2023: On the one hand, in a fake official release viral on social media,
China is scared of Elon Musk's network of satellite Starlink. Now it has started searching for ne
A big conspiracy to overturn a train in Gujarat was foiled. The up-line railway track under Vadod
ISKCON: Amogh Leela Das made derogatory remarks about Swami Vivekananda, ISKCON banned
The International Society for Krishna Consciousness (ISKCON) on Tuesday decided to ban ISKCON pri
Delhi's Directorate of Information and Publicity (DIP) issued a recovery notice of Rs 163.62 cror
