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FM Arun Jaitley to meet PSB heads today; NPAs, rate cut likely on agenda

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Finance minister Arun Jaitley will review state-owned banks’ performance in bad loan reduction, priority sector lending and in the financial inclusion schemes in pension and insurance sectors at a meeting of PSU bank chiefs here on Monday. An official statement from the finance ministry said that lending to micro, small and medium enterprises (MSMEs) and the status of funding commitments made by banks for renewable energy projects for the next five...

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