The budget includes the establishment of a ‘bad bank’ to take over banks' bad assets and a plan to inject INR 200 billion into state lenders.
asst management, Bad bank, bond market, corporate debt, fintech, fiscal deficit, foreign direct investment, GIFT City, insurance sector, investor charter, Liquidity, Nirmala Sitharaman, non-performing assets, NPAs, RBI, S&P Global Ratings, state banks, Union Budget