Gyan sangam: PM to meet bankers, regulators today

January 03, 2015 09:33

Prime Minister Narendra Modi will on Saturday meet top bankers, insurers, financial sector regulators and finance ministry officials, who assembled in Pune on Friday for a two-day "retreat" to discuss plans for revitalising the banking sector.

The PM will meet bankers today during the concluding session of the retreat, where an action plan for reforms in public sector banks will be prepared.

The second day would begin with regular sessions at 9 am with a talk by Swami Sukhbodhanandji on "Leadership and Change Management".

"In view of the importance of the retreat being held January 2-3 at Pune for banks and financial insititutions with a view to injecting more money into the system, the prime minister will go to participate in the concluding session," Finance Minister Arun Jaitley had announced last week.

Jaitley, along with Reserve Bank Governor Raghuram Rajan and heads of PSBs will be attending the retreat called "Gyan Sangam".

"The final objective would be to prepare a blue print of reform action plan. The outline of the reform action plan would be presented to the prime minister on January 3 at the retreat. Then, further deliberations will take place on this in the presence of the prime minister," the finance ministry said in a statement.

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