{"id":34761,"date":"2018-06-20T12:35:08","date_gmt":"2018-06-20T12:35:08","guid":{"rendered":"http:\/\/punjabnews24.com\/?p=34761"},"modified":"2018-06-20T12:35:08","modified_gmt":"2018-06-20T12:35:08","slug":"psu%e2%80%89bankers-to-work-together-to-strengthen-consortium-lending-piyush-goyal","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/psu%e2%80%89bankers-to-work-together-to-strengthen-consortium-lending-piyush-goyal\/","title":{"rendered":"PSU\u2009bankers to work together to strengthen consortium lending: Piyush Goyal"},"content":{"rendered":"<p>Heads of public sector banks have decided to iron out issues on consortium lending among themselves, interim finance minister Piyush Goyal said on Tuesday .<\/p>\n<p>\u201cAll bankers will take upon themselves certain covenants to work as a team, and not in silos\u201d he said while addressing a press conference in New Delhi. Goyal, who met PSU\u2009bank chiefs in Mumbai, said it was agreed that \u201cdecisions taken by 66% of the bankers\u2019 in a consortium will now be followed by all the members of a consortium.\u201d<\/p>\n<p>SBI chairman Rajnish Kumar, also present at the press conference, said PSU banks need to devise stronger risk management mechanisms, and support each other to sustain the signs of revival in the economy.<\/p>\n<p>Kumar said that ground rules in consortium lending are missing, and banks need to support \u2018good accounts\u2019 and small and medium enterprises.<\/p>\n<p>The State Bank of India will also support smaller banks which might not have robust risk management facilities, he added.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Heads of public sector banks have decided to iron out issues on consortium lending among themselves, interim finance minister Piyush Goyal said on Tuesday . \u201cAll bankers will take upon themselves certain covenants to work as a team, and not in silos\u201d he said while addressing a press conference in New Delhi. Goyal, who met [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":34762,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-34761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/34761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=34761"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/34761\/revisions"}],"predecessor-version":[{"id":34763,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/34761\/revisions\/34763"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/34762"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=34761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=34761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=34761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}