Sitharaman to review PSBs performance

Sitharaman to review PSBs performance

New Delhi,( thestates.news)|  Finance Minister Nirmala Sitharaman is to meet the heads of public sector banks (PSBs) on Monday and assess banks’ performance on various government-sponsored schemes aimed at reviving the economy. This is the first meeting after the union Budget for 2022-23 was presented. According to sources, banks will be urged to extend more credit to productive sectors in order to hasten the economy’s recovery. Significantly, economic challenges are currently being faced due to a variety of factors, including the Russian-Ukraine war.(HS)