Finance Minister Nirmala Sitharama to meet PSU bank chiefs on Monday; to review credit flow

The meeting, to be held via video-conferencing, will also take stock of interest rate transmission to borrowers by banks and progress on moratorium on loan repayments, sources said. The deployment of excessive funds by banks under the reverse repo route may also come up for discussion on Monday.

from Banking/Finance-Industry-Economic Times https://ift.tt/2yLoLeP