"We will take a decision on Beni Prasad's regret tomorrow (Thursday) morning at the parliamentary party meeting," Kumar said, following a meeting between Prime Minister Manmohan Singh and Samajwadi Party chief Mulayam Singh Yadav.
Verma Wednesday denied media reports that he had accused Samajwadi Party of taking commissions for supporting the Congress-led UPA government and expressed "regret" after he met the PM.
Verma, a former Samajwadi Party leader, had also accused party chief Mulayam Singh Yadav of having links with terrorists at a public rally Sunday.
A miffed Samajwadi Party has demanded Verma's resignation. The demand is supported by the principal opposition party, Bharatiya Janata Party, who said the steel minister should resign immediately.