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FinMin asks PSBs to consider selling, swapping loan assets

News and Press Release - Dated:- 1-1-2018 - New Delhi, Dec 31 (PTI) The finance ministry has asked public sector banks (PSBs) to explore options for selling and swapping of loan assets with other lenders with a view to strengthen their balance sheets .....

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competencies and trim their burden. For example, if a bank has expertise in MSME lending, it can swap their retail loan portfolio with other who is good in the sector, sources said. In order to increase credit availability to small businesses, the f .....

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advised to strengthen cluster based lending, people aware of the news said, adding that branches would help in channelising loans to the sector which is engine of growth. As many as 50 clusters have been identified for enhanced access to financing, p .....

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