It is that time of the year again when the Union Budget upon us. Finance Minister Nirmala Sitharaman is expected to present the Budget tomorrow morning, under the clouds of slowing growth, a falling rupee, and a conspicuous decline in demand.
In the banking sector, follow-through moves to the Union Budget FY24's proposed amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 will be in focus.
It was widely believed by industry watchers that these amendments would be taken up