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Passport details made mandatory for loans above Rs50 crore after PNB fraud

Govt makes passport details mandatory for availing loans above Rs50 crore from PSU banks as it looks to tighten procedures following Rs12,636 crore Punjab National Bank fraud by Nirav Modi, Mehul Choksi

1 min read10 Mar 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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