Finance Minister to nudge PSB heads to lend more
The Hindu
Finance Minister Nirmala Sitharaman is scheduled to meet heads of public sector banks (PSBs) next week to review the performance of the lenders and the progress made by them to support the economy bat
Finance Minister Nirmala Sitharaman is scheduled to meet heads of public sector banks (PSBs) next week to review the performance of the lenders and the progress made by them to support the economy battered by the COVID-19 pandemic.
Banks would be urged to sanction loans for productive sectors to accelerate revival of the economy, sources said.
According to sources, the two-day meeting would commence on November 17 and undertake a review of various segments, progress in government schemes including Aatmanirbhar Bharat Abhiyan.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












