Budget 2024 turns out to be a non-event for banking industry
Thu, Feb 1, 2024 1:20 PM

Budget 2024 turns out to be a non-event for banking industry

A Flip by Shubhangi Gupta
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The recent Union Budget 2024 did not bring any major changes for India's banking sector, with no new capitalization plans for state-run banks or privatization announcements. However, schemes were outlined to provide funding for smaller companies and boost innovation. Additionally, long-term interest-free loans will be given to promote tourism and fiscal consolidation is a priority.

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