Jaitley to meet PSU bankers



New Delhi : Finance Minister Arun Jaitley will meet PSU bankers to discuss stake sale plans and the problem of rising bad loans which have crossed a staggering Rs 2.5 lakh crore. “Banks are coming to meet me. Some of the banks are meeting me with regard to some immediate issues” this week, he told PTI.

“You see the private sector investment and the private sector performance has to pick up (that would ease pressure with regard to bad loans),” he said.

As per RBI data, gross NPAs of PSU banks have gone up to Rs 2,60,531 crore as on December, 2014.