Krishnamurthy V. Subramanian

PSU Banks may see higher profits After UNION BUDGET 2020 Announcements: CEA

"The Budget's decision not to recapitalise the PSU banks is a good move and signals that all the banks are adequately capitalised at this point. The Judgement on Essar Steel provides greater clarity on the IBC. State Bank of India profits was boosted by Essar Steel IBC resolution.