Home »
» Ahead of Budget 2018, banks may lose Rs 15,000 crore. Here's how.
Ahead of Budget 2018, banks may lose Rs 15,000 crore. Here's how.
NEW DELHI: By November-end, the government was at considerable risk of breaching the fiscal deficit target of 3.2 per cent of the GDP as it exhausted 112 per cent of its full-year target of capping deficit at Rs 5.5 lakh crore. Fiscal deficit refers to the difference between the total revenues earned and total expenditure of the government. A wider fiscal deficit thus, refers to greater debt for the state exchequer.
Here is an explainer on how the widening fiscal deficit may cost the banking sector Rs 15,000 crore:
Related Posts:
The chequered legacy of a Chief Justice of IndiaThe chequered legacy of a Chief Justice of IndiaA must read article for those who love Constitution, Democracy, Human Rights and above all Truth and JusticeCourtesy : The Hindu, da… Read More
Definitions – Central Civil Services (Implementation of National Pension System) Rules, 2021 Definitions – Central Civil Services (Implementation of National Pension System) Rules, 20213. Definitions. – In these rules, unless the context otherwise requires,-(1) … Read More
Application – Central Civil Services (Implementation of National Pension System) Rules, 2021 Application – Central Civil Services (Implementation of National Pension System) Rules, 2021MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS(Department of Pension and Pe… Read More
Withdrawal of 3% benefit to AAO Withdrawal of 3% benefit to AAO… Read More
New expanded clienteles from 19.09.2017 | Postal Life Insurance New expanded clienteles from 19.09.2017 | Postal Life Insurance… Read More
0 comments:
Post a Comment