Nirmala Sitharaman reviews PSBs’ readiness to tackle any Omicron-induced disruption

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NEW DELHI: Finance Minister Nirmala Sitharaman on Friday chaired a meeting with chiefs of public sector banks and assessed their readiness to tackle any possible disruptions due to the Omicron variant. In a tweet, the Finance Ministry said during the meeting with CMDs/MDs, held through virtual mode, the minister also reviewed various steps taken by PSBs in implementing pandemic-related measures initiated by the government and RBI.
“During the review meeting, FM Smt. @nsitharaman assessed various steps taken by PSBs in implementing pandemic-related measures initiated by GoI and RBI and readiness to tackle possible future disruptions that may occur due to the ongoing variants of the #COVID19 pandemic,” it tweeted.
The ongoing third wave to the highly infectious Omicron variant of coronavirus has led to various domestic rating agencies lowering India’s growth forecast for the current…

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