Bankers brainstorm with Goyal on improving credit flow, sector's heath
Mumbai, June 8: Top bankers from north and south India on Friday discussed modalities to improve credit flow and setting up global standards in the banking system, Finance Minister Piyush Goyal said here.
"There was an internal discussion among the bankers, particularly in respect to improving credit flow while mitigating risk associated with it," he said in a press conference after meeting the bankers.
Goyal said the banks may also consider having an oversight company with retired judges or vigilance officers to advise on the health of the banks.
A committee has been formed under Sunil Mehta, non-executive Chairman, Punjab National Bank to come up with recommendations, within two weeks, on suggestions given by bankers on Friday on whether to set up a asset reconstruction company or asset management company for faster resolution of stressed asset.
"The government stands committed to support 21 public sector banks," the minister added.
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Devendra Fadnavis plays video of Islamic scholar at Pune rally, harps on 'vote jihad'
Pune, Nov 16: Maharashtra Deputy Chief Minister Devendra Fadnavis continued to raise the pitch on "vote jihad" by playing a video of Islamic scholar Sajjad Nomani at a poll rally in Pune's Bhosari area on Saturday.
It is being said that a person who votes for the BJP must be ostracised, Fadnavis claimed.
"If these people are trying to do vote jihad, if they are saying they will destabilise the government through vote jihad, then you will also have to do dharmayudh of votes," Fadnavis said.
"If these people dream that they will come to power with the help of votes from one community in the land of Chhatrapati Shivaji Maharaj, then you will also have to come to the battlefield," he said in a swipe at the MVA.
