RBI Governor meets Modi,Modi demands state specific credit policy
February 12, 2009
RBI Governor meets Modi,Modi demands state specific credit policy
Gandhinagar, DeshGujarat, 12 February, 2009
The Reserve Bank of India’s Governor Dr.D.Subbarao today met Gujarat Chief Minister Narendra Modi in Gandhinagar.
Dr.Subbarao congratulated the Chief Minister on the success of Vibrant Gujarat Global Investors Summit-2009. Chief Minister Modi in his reply said that the development of Gujarat is contributing to the development of the nation.
During the talk, Modi demanded a state specific policy for banking credit particularly in connection with Gujarat. Modi also demanded bank credit for Gujarat’s slow-down hit diamond, textile and small-scale industries. Modi also talked about the need to provide complete banking linkages to fulfill the needs of economic and social backward groups in the state. In the backdrop of state’s initiatives for value edition in agriculture and drip irrigation, the Chief Minister also demanded agriculture related banking credit.
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