PM Modi to discuss roadmap for banks, NBFCs with all stakeholders today

NewsBharati    29-Jul-2020 09:23:30 AM
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New Delhi, July 29: Prime Minister Narendra Modi will be chairing a high-level meeting with stakeholders from Banks and non-bank financial institutions (NBFCs) to discuss vision and roadmap for the economic situation on Wednesday.
 
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The topics on agenda include credit products & efficient models for delivery, financial empowerment through technology, prudential practices for stability, and sustainability of the financial sector.
 
"Banking sector plays an important role in contributing to India’s economic growth through financing infrastructure, agriculture, local manufacturing including MSMEs. Financial inclusion can play a big role in financial empowerment through technology," the statement from the release read.
 
Senior authorities like CEOs of State Bank of India, Bank of Baroda, Union Bank of India, Punjab National Bank, HDFC Limited, Bajaj Finance, HDFC Bank, ICICI Bank, others are expected to participate in the meeting from the Government will also be a part of the interaction.