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COVID-19: Sitharaman to review implementation of resolution framework for bank loans today

By ANI | Published: September 03, 2020 10:56 AM

Union Finance Minister Nirmala Sitharaman on Thursday will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and NBFCs.

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Union Finance Minister Nirmala Sitharaman on Thursday will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and NBFCs.

The meeting is scheduled to be held at 11 am today.

The review will focus on enabling businesses and households to avail of the revival framework on the basis of viability, necessary steps like finalising bank policies and identifying borrowers and discussing issues that require addressing for smooth and speedy implementation.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: NbfcsNirmala SitharamanNirmala seetharaman
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