SRINAGAR: Jammu and Kashmir Minister for Finance Dr Haseeb Drabu on Friday met Reserve Bank of India (RBI) Governor Urjit Patel in Mumbai and discussed issues of business, trade and industry loans in the State which have come under tremendous stress because of various reasons, including 2014 floods and the civil strife of 2016.
“Dr Drabu met the RBI Governor and raised the issues regarding J&K Bank,” a statement issued here this evening said. During the hour-long meeting, Dr Drabu emphasized that it was not a credit-quality issue as in other parts of the country, but the non-cuisines environment that has resulted in the impairment of loans in J&K. (AGENCIES)
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