Finance Minister Calls For Important Contribution By Banks In Achieving Higher Growth Rate

The Union Minister for Finance, Corporate Affairs and Information & Broadcasting, Mr. Arun Jaitley delivering the lecture on ‘Reimagining the Indian Economy’ at S.P. Jain School of Global Management, in Sydney, Australia on March 29, 2016.

Arun Jaitley Inaugurates Sydney Branch Of Union Bank Of India

Sydney (PIB-GR-TYP-BIN): The Union Finance Minister Mr. Arun Jaitley said that the banks have to play an important role in achieving the higher growth rate in the country. He said that the banks would be provided sufficient funds to recapitalise them. The Finance Minister was speaking after inaugurating the Sydney Branch of the Union Bank of India in Sydney, Australia on March 29.

The Finance Minister is on a four day official visit to Australia. As part of the first leg of his Australia visit, the Finance Minister arrived in Sydney today and inaugurated Branch of the Union Bank of India in the presence of High Commissioner of India in Australia Mr. Navdeep Suri and Mr. Arun Tiwari, Chairman & Managing Director, Union Bank of India and others.

(Source: PIB/GR/TYP/BIN/USPA/WN/IAIJ)