Mukherjee to meet PSU bank chiefs

The Finance Minister will also discuss the credit related parameters, especially for agriculture credit, micro and small enterprises credit, housing loans, education loans, credit to weaker sections and credit deposit ratio here. This is the fourth and last in the series of regional meetings held by Mukherjee. Similar meetings were earlier held in eastern and north-eastern states, west and central zones and northern states.

The meeting, during which chiefs of PSU banks would be present, is also likely to discuss the impact of the recent decision of RBI to raise key short-term and lending rate by 25 basis points to control inflation, which crossed the double digit mark in May.

Chief Ministers of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Puducherry among others are expected to attend the meeting.

Besides chiefs of public sector banks, heads of Nabard, Sidbi, IIFCL and Exim Bank will also participate in the meeting.

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