At a press conference after Meeting PSU bank heads, Finance Minister Nirmala Sitharaman said that banks have been asked not to declare any stressed MSME loan as non-performing assets till March 31.
Idea behind holding the meetings is to ensure maximum credit disbursal during the festive season.
Diwali, which falls in October this year, is considered as the biggest shopping season of the country.
During the public meetings, credit will be provided for retail, agriculture, MSME and housing Sector, among others.
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