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Indian state banks meet to tackle low profitability

Modi, RBI chief and finance minister to attend brainstorming session with bank chiefs and regulators
Friday, January 2, 2015 - 05:50

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The meeting could help Mr Modi's efforts to bolster the economy by improving the health of state lenders in India

Mumbai

INDIA'S state-run lenders will probably be the focus of a historic two-day gathering of bank chiefs and regulators as they seek to reverse the companies' lowest profitability rates in at least nine years.

Officials led by Prime Minister Narendra Modi, Reserve Bank of India (

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