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PM Narwendra Modi (File photo)
NEW DELHI/ MUMBAI: Prime Minister Narendra Modi on Wednesday urged the country’s top lenders to fund bankable projects, undeterred by the non-performing assets (NPAs) generated in the past, and promised to fully back the executives.
During the meet, Modi also prodded bankers to push loans to micro, small and medium enterprises (MSMEs), farmers, micro-finance institutions and non-banking finance companies, which were provided special thrust during the package announced by finance minister Nirmala Sitharaman two months ago.
The Prime Minister reassured the assembled bankers that he was strongly behind them and they should not have any fear. He added that no banker was in jail for taking a decision in the course of his duty.
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