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

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.

Moneycontrol Bureau

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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