PM Modi Exhorts Banks To Support Wealth, Job Creators; Increase Country's Balance Sheet
NDTV
Prime Minister Narendra Modi on Thursday exhorted banks to support wealth and job creators, and work proactively to improve the country's balance sheet.
New Delhi: Prime Minister Narendra Modi on Thursday exhorted banks to support wealth and job creators, and work proactively to improve the country's balance sheet.
Addressing bankers at the symposium to 'Build Synergy for Seamless Credit Flow and Economic Growth', PM Modi said banks have to now adopt a partnership model to help businesses thrive and move away from the idea of being a loan "approver" to a loan "applicant".
"Banks have to support wealth creators and job creators ... It is time that banks, along with their own balance sheets, help increase the balance sheet of the country," Modi said.
He nudged bankers to offer "customised solutions" to businesses and micro, small and medium enterprises (MSMEs).
