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Sitharaman reviews preparedness of banks in view of cyclone Biparjoy

Sitharaman reviews preparedness of banks in view of cyclone Biparjoy

New Delhi, June 14 (SocialNews.XYZ) With cyclone Biparjoy expected to make a landfall in the coastal regions of Gujarat on Thursday, Finance Minister Nirmala Sitharaman on Wednesday took a virtual review meeting with heads of various banks and insurance companies to review their preparedness to face the impact of the 'very severe' cyclonic storm.

"Smt @nsitharaman today chaired a meeting of Managing Directors and senior officials of various banks and insurance companies via VC to review their preparedness in view of the impending #CycloneBiparjoy," the Finance Ministry tweeted.

 

Banking secretary Vivek Joshi was also present in the meeting.

"MDs from the banks and insurance companies provided a detailed update on the precautionary measures for the #CycloneBiparjoy," the Finance Ministry said in another tweet.

During the meeting, Sitharaman said that all disaster management protocols should be followed and the staff should be made aware of them.

Source: IANS

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Sitharaman reviews preparedness of banks in view of cyclone Biparjoy

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