Finance Minister Arun Jaitly said that India sustain a growth rate of around 8%. He was addressing the CEOs & Whole Time Directors of public sector banks at annual review meeting of the PSBs.

Growth rate of around 8%

During his session, the finance minister highlighted the factors that make for sustained high growth for India over the next decades. He said that as a lifeline of the economy, banks would need to build their strength to support the lending needs of the growing economy.