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Cabinet secretary may review lending by PSUs

Cabinet secretary may review lending by PSUs
PTI
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First Published: Sun, Mar 15 2009. 10 55 PM IST
Updated: Sun, Mar 15 2009. 10 55 PM IST
New Delhi: Concerned over banks not improving the credit flow to industry, cabinet secretary K.M. Chandrasekhar is likely to take up the issue this week with senior officials of the Reserve Bank of India (RBI) and heads of public sector banks. Industry representatives have complained to the government about banks’ reluctance to lend.
The meeting would be attended by commerce secretary G.K. Pillai, finance secretary Arun Ramanathan and RBI deputy governor Usha Thorat.
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First Published: Sun, Mar 15 2009. 10 55 PM IST
More Topics: PSU | Banks | RBI | India | Economy and Politics |