Finance Minister Arun Jaitley will meet chief executives of public sector banks (PSBs) in New Delhi on June 6 for the customary annual performance review. This year's meeting assumes significance as it comes at a time when a massive bad loan clean-up - prompted by RBI's diktat on asset quality review - has left several big banks deep in the red. The financial performance of most PSBs for the just completed March quarter was weighed down by the spike in bad loans and provisioning due to the RBI review. The slow-paced Indian judiciary - which the Banks Board Chief Vinod Rai recently described as "recalcitrant" - too does not help the cause of the Indian banking system, which faces multiple challenges. Jaitley may also use the occasion to provide some comfort to bankers on the reforms being undertaken by the government on the judicial side.