As specialized institutions, long-term finance banks will be in a much better position to evaluate and fund long-term projects
3 min read20 Apr 2017RBI has released a discussion paper on a proposal to set up 'differentiated banks' in the form of wholesale and long-term finance banks to fund large projects
2 min read7 Apr 2017The 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