Performance OF PSU Banks To Be Reviewed
Nov 06,2006 00:00 by Newsdesk

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.