GOVERNMENT OF INDIA
Ministry of Finance
DEPARTMENT OF FINANCIAL SERVICES
UNSTARRED QUESTION NO 3742
TO BE ANSWERED ON 29.04.2008
Credit Flow to Corporate Sector.
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?
The Minister of State in the Ministry of Finance
(Shri Pawan Kumar Bansal)
(a) No, Sir.
(b) Does not arise.