The banks will need an additional nearly Rs1.6 trillion in 2019, after the latest injections, to meet minimum capital standards, says Fitch The finance ministry last week announced infusion of Rs48,239 crore in 12 PSBs this fiscal to help them maintain regulatory capital requirements
2 min read27 Feb 2019The 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