Public sector banks implement self-sufficient relief package: Finance Minister Nirmala Sitharaman

abstract The Finance Minister held a review meeting with the CEOs of public sector banks. Nirmala Sitharaman asked banks to implement a...

abstract

  • The Finance Minister held a review meeting with the CEOs of public sector banks.
  • Nirmala Sitharaman asked banks to implement a comprehensive self-reliant India relief package.
  • All agreed that the needs of MSMEs and other customers needed to be resolved immediately.

Detailed

Finance Minister Nirmala Sitharaman held a review meeting with the Chief Executive Officers (CEOs) of public sector banks to discuss various issues including debt disbursement and to implement a comprehensive self-reliant India relief package to bring the economy affected by Kovid-19 back on track. Said to Meeting Through Video Conferencing This meeting was done through video conferencing. The meeting was significant in view of the government's recent announcement of an incentive package of Rs 20 lakh 97 thousand 53 crore and the announcement of new relief measures, including the Reserve Bank's policy rate cut. The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved several of the schemes announced under the Self-Reliant India Campaign Package to give momentum to the economy. 

The Ministry wrote on Twitter that, 'Finance Minister Sitharaman had a review meeting with all PSBs to implement the schemes announced under Self-Reliant India. Everyone agreed that the needs of MSMEs (micro, small and medium enterprises) and other customers need to be addressed immediately. Details will be released soon about the implementation of the plans.



Guidelines issued to banks 
Indian Bank Managing Director Padmaja Chundru said after the meeting that the Finance Minister emphasized on giving additional loans to MSMEs immediately and simplifying the procedures, format and documentary requirements. Since the Union Cabinet has already approved various schemes, operational guidelines have been issued to banks.  Pallav Mahapatra, managing director and CEO of

Bank
Central Bank of India, who is optimistic about the plans , said the finance minister took stock of the situation and reviewed the progress of various schemes. He said, "All banks are very optimistic about the recently announced schemes to strengthen the economy." 

COMMENTS

Name

118 telugu movie,1,Adithya Varma,1,advanced insurance plans,1,afcat 2019,1,agriculture insurance,1,airtel,1,alagappa university result Alagappa University,1,Anna univeristy,3,anna univeristy news,2,anna univeristy results,2,Anna univeristy transcripts,1,anna university,5,anna university student login,1,Antariksham 9000 kmph,1,Ashwaththama Telugu movie Leaked Online,1,Atal Bhujal Yojana,1,auto,4,bank holidays,1,bank loans,1,Banking,12,bigg boss kannada,1,budget,1,business,41,car insurance documents,1,car theft insurance,1,cbse exam result date,1,china,1,choosing health insurance,1,coronavirus,1,cyber defense insurance,1,cyclone,1,Dhillukku dhuddu 2,1,education,29,entertainment,4,Entrepreneurship,1,facebook,1,farmers got cheated,1,February 8,1,financial plans,1,financial support,1,Get Latest Telugu movies: Watch Online Telugu movies 2019,1,Getmyuni,1,global health insurance,1,google,1,google cloud vps,1,government farmers insurance,1,government insurance loss,1,government jobs,1,Group D result,1,hall ticket,1,Happy Diwali Naraka Chaturdashi Images,1,health,23,health insurance,2,Health insurance certified plans,1,Health insurance floater plan,1,health insurance online,1,health insurance payment,1,health insurance schemes,1,Himansh Verma,1,hit movie,1,honda amaze,1,hot bf sexy video,1,hot dance video,1,HSSC Recruitment 2020,1,https://www.nabard.org/careers-notices.aspx,1,idea,1,idra,1,insurance,4,insurance advice,1,insurance clams,1,Insurance Companies Cheated,1,insurance loss,1,insurance news,3,insurance premium,1,insurance safety,1,irda insurance,2,isro recruitmnet,1,jaanu,1,JIPMER 2019 registration,1,jobs,4,kanulu kanulu dochayante,1,kgf,1,kgf movie rating,1,kisan samman nidhi,1,Kumbalangi Nights,1,last date,1,lic insurance,1,life insurance,1,Luka Chuppi,1,maari 2,1,Madhyamik Result,1,Maha Shivratri,1,malayalam movie,1,mari 2,1,mobile insurance,1,movie news,1,movie review,1,movie reviews,4,movierulz,2,msbte exam form,1,msbte project competation 2020,1,msbte result,1,Navratri Diet,1,new health insurance,1,New insurance policy,1,New rules,1,NEWS,157,nnc,22,nnc1,8,nnc2,6,nokia 9,1,olx car,1,Om prakash singlaFraud caseonline cheatinginsurance fraud,1,oppo k1,1,Oru Adaar Love Malayalam movie,1,Padi Padi Leche Manasu,1,panga movie download,1,panga movie review,1,panga movie wiki,1,petta,1,phethai,1,Photos,1,pm kisan,1,pm kisan samman nidhi,1,pm kisan samman nidhi portal,1,pm kishan,1,pmkisan. gov. in,1,pmkisan.gov.in,1,pmkishan,1,pongal,4,premium insurance loss,1,promotion,1,Propose Day,1,railway group d result,1,railway group d result 2019,1,review,1,RRB Group D,1,RRB Group D Result,1,RRB Group D Result 2018,1,rrb group d result 2019,1,RRB Result,1,Sarileru Neekevvaru,1,sbi,1,sci-tech,10,Shaunak Chakraborty,1,Sonu Nigam,1,spicejet free tickets,1,sports,28,ssc je,1,Status Quotes Online,1,stock market,1,stockmarket,1,student travel insurance,1,tamil movie,1,tamil mv,1,tamil rockers,1,tamilrockers,27,Tamilrockers 2019,1,tamilrockers new movies,1,TATA Motors,1,tax news,1,tech,11,technology,9,telugu movies,2,torrentz,1,torrentz2,2,travel insurance,1,used car olx,1,vodaphone,1,Weather in Delhi,1,wedding ceremony insurance,1,West Bengal Police constable recruitment,1,What The Love,1,whatsapp,1,WhatsApp wishes,1,World Famous Lover,1,www.pmkisan.gov.in,1,
ltr
item
Today's Latest news, Know What's happening in India- with Timesnowindia.com: Public sector banks implement self-sufficient relief package: Finance Minister Nirmala Sitharaman
Public sector banks implement self-sufficient relief package: Finance Minister Nirmala Sitharaman
https://1.bp.blogspot.com/-vQFW6fn6oFA/Xti5teh6FFI/AAAAAAAACDw/B9qdhWfKH7QPi6uiP7Mv_UWMVI7DM2iUACLcBGAsYHQ/s640/Nirmala-Sitharaman.jpg
https://1.bp.blogspot.com/-vQFW6fn6oFA/Xti5teh6FFI/AAAAAAAACDw/B9qdhWfKH7QPi6uiP7Mv_UWMVI7DM2iUACLcBGAsYHQ/s72-c/Nirmala-Sitharaman.jpg
Today's Latest news, Know What's happening in India- with Timesnowindia.com
http://www.timesnowindia.com/2020/06/public-sector-banks-implement-self.html
http://www.timesnowindia.com/
http://www.timesnowindia.com/
http://www.timesnowindia.com/2020/06/public-sector-banks-implement-self.html
true
8987838410415587929
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy