Finance Minister Nirmala Sitharaman on Friday held a review meeting with CEOs of public sector banks (PSBs) and asked them to implement the mega ‘Aatmanirbhar’ relief package to revive the COVID-hit economy.
The meeting via video conferencing took place in the backdrop of the Rs 21 lakh crore stimulus package announcement and the Reserve Bank coming out with fresh measures, including interest rate cuts. The Union Cabinet headed by PM Narendra Modi on Wednesday gave its nod for many of the schemes announced as part of ‘Aatmanirbhar Bharat Abhiyan’ package to prop up the economy reeling under the COVID-19 crisis. “Finance Minister Smt.@nsitharaman chairing the review meeting, through VC, with the chief executives of PSBs today to review the readiness of banks in implementing ‘Aatmanirbhar’ relief package,” the Finance Ministry said in a tweet. “To operationalise the announcements made by Hon’ble FM @nsitharaman ji under #AatmanirbharBharat, review meeting through VC was helwith all PSBs.
