Banks Need to Strengthen, Streamline Capital, Rules 

President Ebrahim Raisi has instructed the Central Bank of Iran and commercial lenders to concentrate on streamlining regulations, improve lending and financial discipline, facilitate interaction with other countries and enhance the safety of investments.
Speaking at the annual CBI board meeting on Sunday, Raisi referred to bank overdraft as a key constraint hampering the banking sector and called on the regulator to take the necessary measures, President.ir reported. 
He said the CBI should enhance supervision of bank financial statements and the functioning of private lenders to direct funds towards the cash-strapped production units.