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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25 killed in lightning strikes, hailstorms in several districts of Bihar
Patna, Apr 10 (PTI): At least 25 people were killed in lightning strikes and hailstorms in several districts of Bihar on Thursday, officials said.
According to a statement issued by the Chief Minister's Office (CMO), Nalanda reported 18 deaths, followed by two in Siwan, one each in Katihar, Darbhanga, Begusarai, Bhagalpur and Jehanabad.
RJD leader Tejashwi Yadav, however, claimed in a post on X that over 50 people died on Thursday.
“I am deeply saddened by the tragic deaths of more than 50 people in various incidents of storm, rain, lightning, tree and wall collapse in Bihar. I express my deepest condolences. May God provide strength to the families affected by the disaster in this hour of grief,” he wrote in Hindi.
He also said that the state government should compensate farmers for their crop loss due to the sudden rain and give them proper compensation.
Earlier, Chief Minister Nitish Kumar condoled the deaths and announced an ex gratia of Rs 4 lakh each for the next of kin of the deceased.
On Wednesday, 13 people had died in lightning strikes in four districts of Bihar.
The India Meteorological Department has issued an ‘orange alert’ (be prepared) for a number of districts, including Darbhanga, East Champaran, Gopalganj, West Champaran, Kishanganj, Araria, Supaul, Gaya, Sitamarhi, Sheohar, Nalanda, Nawada and Patna.
It has also forecast heavy rainfall on Friday and Saturday in these districts.
"Thunderstorms with lightning and gusty winds (40-50 kmph) likely to occur at few places over Madhubani, Darbhanga, East Champaran, Gopalganj, West Champaran, Kishanganj, Araria, Supaul, Gaya, Sitamarhi, Sheohar, Nalanda, Nawada, Patna," the IMD said in a bulletin.
Water-logging was also reported on Thursday from several parts of Patna following heavy rain.
The state capital recorded an average of 42.6 mm rainfall till 5.30 pm.
Officials of the Patna Municipal Corporation (PMC) and district administration, however, claimed that rainwater was drained out in the shortest possible time despite the downpour.
