India Bank Bailout News

Market

Shares of large PSU banks fall as recapitalisation plan disappoints

Nifty PSU Bank index fell 5.24% on Thursday, decline led by Indian Bank, Bank of Baroda, Union Bank of India, SBI and Punjab National Bank

2 min read26 Jan 2018
Industry

Fitch sees $14 billion bank bailout easing India downgrade woes

The government is hoping that a stronger banking system will help in bolstering loan growth, which had fallen to a 25-year low in 2017, slowing the pace of economic expansion

2 min read25 Jan 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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