Question : CLOSURE OF BANKS



(a) whether the Government propose to close own some of the Public Sector Banks;

(b) if so, the details thereof and the reasons therefor;

(c) the total non-performing assets of these banks, as on date; and

(d) the action plan prepared by the Government to recover these loans after the closure/merger of these banks?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATH) :

(a) There is no proposal to close down any public sector bank.

(b) to (d) Do not arise.