New Delhi, Oct. 17 -- Finance Minister Nirmala Sitharaman assessed key indicators including credit growth, NPAs, performance under financial inclusion and implementation of government-sponsored schemes of KaGB.
Sitharaman advised Karnataka Grameena Bank (KaGB) to increase its share in ground-level agriculture credit disbursement, with a special focus on emerging areas of the economy.
The Minister said while chairing a meeting to review the business performance of the Karnataka Grameena Bank (KaGB), " Capital requirement of some of the FPOs is met by Development Financial Institutions and Government Departments. The working capital requirements should be fulfilled by the Banks. Rural Banks should upgrade its products and services as per th...