Besides, the meeting will review credit offtake by sectors such as home, education and minority as well as the progress made under the Jan Dhan Yojana and Prime Minister's social security schemes among other issues, sources said.

The sources cited, Jaitley will also deliberate on the issue of Non-Performing Assets (NPAs) and discuss ways to contain this. Gross NPAs of PSU banks have gone up to Rs 2,60,531 crore as on December 2014, as per the RBI data.

The top 30 defaulters are sitting on bad loans of Rs 95,122 crore, which is more than one-third of the entire NPAs of public sector banks. It amounts to 36.50 percent.

Reserve Bank has cut repo rate by 0.75 percent since January but not all banks have passed on the benefit of lower interest rates to customers.

Last week, RBI reduced the short term lending rate (repo) from 7.5 percent to 7.25 percent. It was the third rate cut this year.

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