Budget 2023 is not far. The general expectation this time is that for the Indian banking sector, the union budget is likely to be a non-event. This is because some of the key agenda items such as bank privatisation and recapitalisation of public sector banks (PSBs) are clearly off the table.
That being the case, Union Budgets can always offer surprises as we have seen in the past many occasions.
What does the AI platform ChatGPT, which is powered by data and information from the internet, thinks of likely budget announcements for the banking sector?
We asked the chatbot and here is the response: