Union Finance Minister Nirmala Sitharaman arrived in Patna on Friday for a two-day visit with the aim to focus on boosting rural banking, entrepreneurship, and financial inclusion in the eastern region.
FM Sitharaman will assess the financial performance of eight rural banks from the eastern zone in Patna.
The banks involved include representatives from Bihar (two banks), Odisha (two banks), Jharkhand (one bank), and West Bengal (three banks) who will participate in the meeting chaired by the Union Finance Minister.
FM Sitharaman will evaluate the extent of bad loans and strategies for reducing NPAs in rural banks.
She will also examine the loan disbursement process and its impact on rural development.
She will also explore the measures to enhance the digital capabilities of rural banks, improving accessibility and efficiency for customers.
Following the meeting in Patna, she will go to Darbhanga to participate in the Entrepreneurship Development Promotion Program.
During that event, …