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Union Budget 2016 - Banking
Posted on: 29/Feb/2016 2:30:41 PM
Banks get a big boost: Rs 25,000 crore towards recapitalization of public sector banks. Jaitley says:
- Banking Board Bureau will be operationalised, we stand solidly behind public sector banks.
- Target of disbursement under MUDRA increased to 1,80,000 crore
- Process of transfer of government stake in IDBI Bank below 50 percent started
- General Insurance companies will be listed in the stock exchange
- Govt to increase ATMs, micro-ATMs in post offices in next three years
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