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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Tribal couple, son hacked to death over witchcraft suspicion in Jharkhand's Godda
Godda (Jharkhand) (PTI): A tribal couple and their minor son were allegedly hacked to death by their relatives in Jharkhand's Godda district over suspicion of practising witchcraft, police said on Tuesday.
The incident took place in Danga Tola under Deodanr police station area late on Monday and police recovered their bodies on Tuesday.
"A tribal couple and their minor son were hacked to death at Danga Tola in Godda. Preliminary investigation suggests the victims were killed over suspicion of practising witchcraft," Godda Sub-divisional Police Officer (SDPO) Ashok Ravidas told PTI.
Three persons have been arrested so far, he said.
"Police have arrested three persons in this connection. During initial interrogation, the accused told the police that they suspected that the victims were practising witchcraft," the SDPO said.
The axe used to kill them has also been recovered, and further investigation into the matter is underway, he said.
Deodanr police station officer-in-charge Amit Marki said the deceased tribal couple has been identified as Darbari Murmu (55) and his wife Maki Baski (50).
Their deceased son was around 12 years old. The bodies have been sent to Sadar Hospital in Godda for post-mortem examination.
