New Delhi: The Indian government has not yet taken a decision on the extent of premium it will charge on the capital proposed to be returned by the public sector banks, Minister of State for Finance, Banking and Insurance Anand Rao Adsul said.

Briefing the press after his meeting with the chief executives of public sector banks to review their performance of the banks during the previous financial year, Adsul hinted that the matter might be placed before the Union Cabinet. "We have to see whether the matter needs to be taken to the Cabinet."

The minister said he is satisfied with the progress of the public sector banks. "PSU banks' performance has been really good. There is today no weak bank among the pack. The last of the weak bank, Indian Bank, has also turned the corner. The government wants to see all the PSU banks achieve the priority sector target and the sub-target for agriculture set for them by the Reserve Bank of India."

"Though most of the banks have met the target of 40 per cent of credit to priority sector with an 18 per cent sub-target for agriculture there are some banks which are falling short. We want all of them to meet the target," he added.