Finance Ministry to meet PSU bankers on April 26

Finance Ministry will hold annual performance review of public sector banks here on April 26 to evaluate various aspects including non-performing assets and financial inclusion. The meeting will chaired by Financial Services Secretary S K Sharma instead of the usual practice of Finance Minister conducting bankers meet.

Finance Minister Pranab Mukherjee is busy with ongoing assembly election in 5 states. The meeting will take stock of the financial performance of the banks during the financial year ended March 2011.

However, the banks are yet to announce their annual result for 2010-11.

It would also dwell upon credit flow to the productive sectors, sources said.

According to sources, the Finance Ministry will deliberate on non-performing assets, agriculture loan, credit to infrastructure sector and matters related to human resources in the public sector banks.