PSU Banks Led Initiative To Set Up PMG: Anil Swarup
  • Elizabeth George
  • Sep 23 2013

September 23: Anil Swarup, Head of the Project Monitoring Group, says PSU banks needed the agency to aid and push projects forward to cut the rising number of bad loans in their portfolio. “We have a specific sub-group for banks, which meets regularly to discuss and resolve credit issues,” he says, adding that all banks are firmly on board. “Among states, all states except one are on board with PMG's activities,” he adds.