Enough de­mand for loans, pvt banks tell FM

The Times of India (New Delhi edition) - - Front Page -

Fi­nance min­is­ter Nir­mala Sithara­man said on Thurs­day that pri­vate sec­tor banks have said that there is no prob­lem of liq­uid­ity and enough de­mand for loans. She also as­serted that the econ­omy will re­vive in the sec­ond half of the fis­cal as con­sump­tion takes off and banks raise their lend­ing.

Sithara­man said many mi­cro­fi­nance in­sti­tu­tions which at­tended Thurs­day’s meet­ing with her work in the deep in­te­ri­ors and they have said that de­mand for loans in ru­ral ar­eas re­mained strong.

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