Monday, October 21, 2013

FM to grill govt banks' chiefs tomorrow

Finance Minister P Chidambaram will take stock of public sector banks’ performance on Tuesday, to assess whether credit is being provided to productive sectors, selected sectors are being given a boost and if the lenders are reining in the growth of non-performing assets (NPAs). He will also review interest rates on non-resident Indian accounts, in focus to take advantage of the rupee’s depreciation...........

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