Fund bankable projects without any fear, PM tells bankers

Fund bankable projects without any fear, PM tells bankers

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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