#BLBudget2014 #Budget2014 *Banks to be permitted to raise long - TopicsExpress

#BLBudget2014 #Budget2014 *Banks to be permitted to raise long term funds to lend to infrastructure with minimum regulations *Banks will be encouraged to give loans for long term financing of infrastructure *Six new debt recovery tribunals to be set up. *Adoption of new accounting system based on international system by companies voluntarily now and mandatoriy from 2016-17 *Uniform KYC norms across financial sector. *ADR/GDR regime to be liberalised. *Ecosystem for investing in venture capital. *Financial sector is at the heart of the growth engine Read more on this...

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