Expects News Investment From Business Houses: Nirmala Sitharaman

  • Finance minister Nirmala Sitharaman said that she expects new investments from the business houses.
     
  • She reiterated that there has been no interference by the government in the operations of public sector banks.
     
  • While addressing the ASSOCHAM she said, "We have looked at where liquidity was stuck together with the banks and the RBI, but PSBs must move more liquidity out in the system".

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  • She further said, "We have assured banks that they have to be professional on decisions, but there has been no interference by the government in the banks' decision-making process."
     
  • The Finance minister also highlighted that the center has formulated a task group to get projects in the pipeline sanctioned.