Union Finance Minister Piyush Goyal will be meeting the Chief Executive Officers (CEOs) of Public Sector banks today for taking an update on the banking sector and ways to improve their financial health.
The meets holds prime importance as it is commencing just three days ahead of the Budget 2019-20.This is last budget to be presented by current government before the general elections in April-May.
The high-level meet is most likely to be attended by Shaktikanta Das, Governor, Reserve Bank of India (RBI).
RBI’s Governor is planning to announce his first monetary policy review on February 7.
Goyal, who had been given the additional charge of the Union Finance Ministry last Wednesday, is expected to discuss a range of issues including credit offtake and bad loan position of lenders.
Arun Jaitley is in the United States for his treatment.