Finance Minister Arun Jaitley will meet the heads of public sectors banks (PSBs) on Tuesday as part of the annual financial performance review exercise.
The meeting is expected to discuss a host of issues, including progress made with regard to reduction in non-performing assets, sources said.
The meeting will happen against the backdrop of the ‘Alternative Mechanism’ (AM) to merge three public sector banks — Bank of Baroda, Vijaya Bank and Dena Bank — with a view to create a global-size lender, which will be stronger and sustainable.
Besides, the finance minister will also discuss credit growth and bad loan situation, they said, adding that various recovery measures by banks and legislative steps taken by the government to expedite recovery are also part of the agenda.