Jaitley to meet heads of public sector banks on Tuesday
New Delhi, Sep 24 : Finance Minister Arun Jaitley will meet the heads of public sector banks (PSBs) on Tuesday to review their performance and to take stock of the sector reeling under non-performing assets (NPAs) and scams.
"Finance Minister Arun Jaitley will chair the Annual Review Meeting of the CEOs of PSBs scheduled to be held on Tuesday in New Delhi," the Finance Ministry said in a tweet.
The meeting comes in the backdrop of huge losses reported by many of the PSBs in the previous fiscal, various allegations of frauds and scams, identification of higher NPAs, credit related issues and government-induced consolidation.
Last week, the government proposed the merger of three state-run banks - Dena Bank, Vijaya Bank and the Bank of Baroda - into an amalgamated entity through Alternative Mechanism, set up to fast-track consolidation to create strong lenders.
"The meeting is likely to discuss the challenges facing the banks like NPAs and credit growth. Steps taken by banks to recover the bad loans will also be reviewed," said an official adding that the meeting with banks will happen at Vigyan Bhawan here.
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“Goli maro…” slogan raised as ABVP-linked group disrupts play at University of Hyderabad
Hyderabad: A group allegedly linked to the Akhil Bharatiya Vidyarthi Parishad (ABVP) disrupted a theatre performance at the University of Hyderabad on Sunday evening. The group is also accused of vandalising property and assaulting students.
Slogans such as “Desh ke gaddaron ko, goli maro…” were raised during the incident, according to eyewitnesses.
According to the Observer Post, the disruption happened as Mahesh Elkunchwar's play Holi was being staged at the Department of Theatre Arts' GB Hall. The group reportedly objected to certain portions of the play, claiming that some phrases hurt religious sentiments.
According to accounts from those present, the situation escalated when individuals forced their way into the venue after damaging fixtures and breaking glass panels outside the auditorium. Students attempting to intervene were reportedly assaulted, and a guest faculty member was allegedly threatened.
Several students sustained injuries and were provided initial treatment at the campus health centre before being shifted to a nearby hospital.
Police later arrived at the scene, brought the situation under control, and escorted those inside the hall to safety. Witnesses said tensions remained high, with some members of the group continuing to raise slogans during the evacuation.
