Last year, RBI ordered Uday Kotak to cut his ownership in Kotak Mahindra Bank in phases, to below 20% by 2018 and to 15% by 31 March 2020
3 min read28 Aug 2018The 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