Budget Impact Analysis – Banking & Financial Sector

By Payal Sachdeva and Tuhina Kumar Expectations Increase in tax concessions on bad loan provisioning as the Asset Quality Review by RBI has led to a steep increase in provisioning. The total requirement of capital infusion by banks till march 2019, as gauged in 2015, is 1,80,000 crores out of which the government has committed to allocate […]