Performance OF PSU Banks To Be Reviewed

The ministry of Finance is all set to review the performance of all Public sector banks on various parameters like lending to the priority, agriculture & SME sectors and first half results.

As per the targets, all public sector banks are required to have 40% of their total loan exposure in the priority sector and at least 18% in agriculture

The current interest rate scenario after the Reserve Bank raised short term lending rate by 0.25% on Tuesday is also likely to figure in the meeting.