Budget 2014 : Consolidation of Banks

Consolidation of banks – government will consider it. But this means nothing till he actively promotes it. But a big change is banks will be allowed to raise long-term funds with no CRR/SLR obligations. This means more funds will flow to infrastructure sector. Six debt recovery tribunals also to be set up to improve banks’ bad loans situation.

Share this Story

About epicresearch


© 2008-14. All Rights Reserved. Epic Research Pvt. Ltd.