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Govt seeks branch-level data to monitor credit flow
Published November 21, 2008, 7:47 pm, Business Standard India
With various industries complaining of not receiving adequate credit, the government has turned to micro-management by asking state-run banks to provide branch-wise credit flow data to various sectors.
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Govt seeks branch-level data to monitor credit flow - Business Standard
Branch-wise data on lending will be compared with past pattern, and branch managers will have to explain if there is a slowdown in credit flow. In addition, the branch managers will have to furnish details on requests to increase the credit limit and ...
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