FinMin to meet bank officials on March 21

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The Finance Ministry has convened a meeting of senior bankers of public lenders dealing with large loan defaults next week as part of an exercise to clean up balance sheet of banks. The meet, slated for March 21, will discuss bad loan issues and recovery, sources said. It’ll also deliberate on ways how banks can be more proactive in dealing with cases of wilful and genuine defaulters, the sources added.

Daily Pioneer
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