Budget | Banks need it: Naina Kidwai on ₹70,000 crore recapitalisation plan

Naina Lal Kidwai, Chairman of Advent Private Equity, India Advisory Board, spoke about the impact of the Union Budget on banking sectors. Finance Minister Nirmala Sitharaman presented the Union Budget for the second term of Narendra Modi government on July 5. She proposed many changes in income tax provisions for this year but kept income tax slab rates unchanged.