Union Budget 2012: What 'assets' will banks acquire from Budget?

The FM Pranab Mukherjee on Friday proposed to provide a sum of Rs 15,880 crore capital support to all public sector banks in the Union Budget 2012-13 . This will help maintain their minimum tier – I capital. In turn, lenders can expand their asset base maintaining the growth momentum. However, the proposed amount, many believe, is not adequate.

March 17, 2012 / 09:46 IST

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The Finance Minister Pranab Mukherjee on Friday proposed to provide a sum of Rs 15,880 crore capital support to all public sector banks in the Union Budget 2012-13 . This will help maintain their minimum tier

first published: Mar 16, 2012 04:24 pm

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