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Consider NE's growth as duty: Shah

Hindustan Times Navi Mumbai

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December 22, 2024

Union home minister Amit Shah on Saturday urged banks to prepare separate financial guidelines for the northeast keeping in mind its people and ground realities so that the region could witness all-round development.

- Priyanka Deb Barman

AGARTALA:

Addressing a bankers' conclave in Agartala, the Union minister said bankers must consider the development of the region as their responsibility.

"Should the guidelines prepared by the RBI, NABARD and other banks with regards to the MSME, business, loans, personal loans for the country be the same for the Northeast? How is that possible? Banking guidelines for the Northeast can't be the same. It is necessary to prepare separate financial guidelines for the Northeast with new parameters. Secretary banking, Chairman NABARD and SBI should make special financial guidelines for the Northeast taking into account the people and its ground realities," Shah said.

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