Nirmala Sitharaman tells PSU banks to implement economic package

New Delhi: Union Finance Minister Nirmala Sitharaman held a review meeting with CEOs of public sector banks and asked them to implement the mega 'Atma Nirbhar Bharat' relief package to revive the COVID-19-hit economy.

The meeting via video conferencing took place in the backdrop of the Rs 21 lakh crore stimulus package announcement and the RBI coming out with fresh measures, including interest rate cuts. She has emphasised on the quick disbursal of additional loans to MSMEs, to simplify process, formats and documentation, Indian Bank managing director Padmaja Chunduru said after the meeting.