Jaitley Reviews Performance of State-run banks on Friday
Finance Minister Arun Jaitley is undertaking a quarterly performance review of state-run banks here on Friday not just to see the progress of various financial inclusion schemes, but also look at the overall health of the banking system, officials said. The meeting is also expected to take up suggestions made during the last review of June 6 on topics such as non-performing assets, or bad loans, inter-operability of financial inclusion schemes, credit flow, and banks' expansion and consolidation, officials said.
Some movement forward is also expected in how to empower the banking system further -- and encourage quick decision-making on bona fide matters -- so that the issue of non-performing assets can be dealt with and fresh loans be disbursed in an environment that does not prove hostile later.
"Various suggestions have come up for empowering the banks, functioning in an environment, so that they can deal with the situation. The government is fully committed to support the banks in this regard," Jaitley had said after the last meeting.
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Finance Minister Arun Jaitley is undertaking a quarterly performance review of state-run banks here on Friday not just to see the progress of various financial inclusion schemes, but also look at the overall health of the banking system, officials said. The meeting is also expected to take up suggestions made during the last review of June 6 on topics such as non-performing assets, or bad loans, inter-operability of financial inclusion schemes, credit flow, and banks' expansion and consolidation, officials said. 
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