GOVERNMENT OF INDIA |
Ministry of Finance
|
DEPARTMENT OF FINANCIAL SERVICES |
RAJYA SABHA |
UNSTARRED QUESTION NO 3742 |
TO BE ANSWERED ON 29.04.2008 |
Credit Flow to Corporate Sector. |
3742. |
SHRI RAJEEV CHANDRASEKHAR |
|
|
Will the Minister of FINANCE be pleased to state:-
(a) whether it is a fact that his Ministry has asked banks to step up credit flow to specific corporate sector; and
(b) if so, whether this constitutes direct lending which would potentially have negative financial impact on the banks in future?
ANSWER
The Minister of State in the Ministry of Finance
(Shri Pawan Kumar Bansal)
(a) No, Sir.
(b) Does not arise.