New Delhi: Union Finance Minister Nirmala Sitharaman will hold a review meeting with public sector banks (PSBs) today to discuss a range of issues, including follow up on transmission of monetary policy rates.
Besides, doorstep banking facility, monitoring of loans to MSMEs, small traders, SHGs and micro finance Institutions borrowers and collaboration of banks with non-banking financial companies, will also be discussed during the meeting.
The Centre is expected to review the announcement made by the Finance Minister last month to mandate release of security documents within 15 days of loan closure.