Public sector banks in India received a much-needed boost after the Union Budget 2019 was announced. The Finance Minister Nirmala Sitharaman announced a capital infusion of Rs 70,000 crore is an effort to boost credit and the banks are hopeful they will be able to put the funds to some good use and liven up […]
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Major relief on the cards for banking sector in upcoming Union Budget
Jo dar gaya so mar gaya is a refrain that has been made iconic, first through Bollywood and then through the innumerable reiterations and inspiring-cum-funny usage over the years. However, this could well be the favorite refrain for Indian bankers going through the storm that the sector has been weathering for the last couple of […]
Will 2019 Union Budget usher in Housing Loan & IT Rebates?
The Union Budget is once again on the anvil, only this time around it will be an interim budget, seeing as the elections will follow later this year. Expectations are rife from the Union Budget for 2019 with several experts anticipating housing loan and income tax rebates and other benefits. Although interim budgets are perceived […]