Glance Over-"FM assures investors on Tata AIG"

Finance Minister P Chidambaram said on Thursday that Tata AIG's solvency margins are adequate and the company would meet all payment obligations. He also said there is no cause for alarm on banks and PSU banks have virtually no exposure to Lehman. PSU banks exposures are within RBI's prudential guidelines, said Chidambaram.
Chidambaram further added that the government would continue to pursue financial sector reforms and will take more steps to provide liquidity if needed.