{"id":26402,"date":"2015-03-06T06:31:59","date_gmt":"2015-03-06T06:31:59","guid":{"rendered":"http:\/\/vskills.in\/certification\/blog\/?p=26402"},"modified":"2024-04-03T13:15:50","modified_gmt":"2024-04-03T07:45:50","slug":"what-does-budget-2015-say-for-banks","status":"publish","type":"post","link":"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/","title":{"rendered":"What does budget 2015 say for banks?"},"content":{"rendered":"<p style=\"text-align: center\"><a ref=\"magnificPopup\" href=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/What-does-budget-2015-say-for-banks.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-26449\" alt=\"What does budget 2015 say for banks\" src=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/What-does-budget-2015-say-for-banks-300x200.jpg\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/What-does-budget-2015-say-for-banks-300x200.jpg 300w, https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/What-does-budget-2015-say-for-banks.jpg 420w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Public sector banks performance were not up to the mark of private sector performances which led GOI to decide on restricting their interventions and releasing some reforms for the banks. As a result, in budget 2015 Finance minister has announced to implement an autonomous bank board bureau to take concerned care on public sector banks.<\/p>\n<p>This board will be engaged by the top management level employees of banks, who can design better strategies for bank\u2019s working. This board will be in charge of strategies for public sector banks, design ways to source their capital needs and monitor the performance of banks.<\/p>\n<p>Beyond this GOI has also managed to infuse 7490 crore in 9 public sector banks by divesting their stake. So GOI\u2019s stake in these public sector banks will go below 50% and by infusing capital these banks can take up a stand to compete better with the private banks. As of now, Punjab National bank has received Rs870crore from GOI as infusion and Canara bank will receive Rs570crore by march end.<\/p>\n<p>MUDRA(Micro Units development refinance agency) is an agency that will be initiated by GOI, to support entrepreneurship. GOI wanted India\u2019s young generation to be job creators than job seekers. Also to focus towards \u201cMake in India\u201d this MUDRA is designed to refinance startups that would encourage young generation to jump into business. Rs.20000 crore has been allocated for MUDRA.<\/p>\n<p>Budget 2015 has widen the scope for banking in India. Indian banks are doing well in world level, with these schemes and technology it can survive its position still better.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.vskills.in\/certification\/accounting-banking-and-finance\">Click here for government certification in Accounting, Banking &amp; Finance<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Public sector banks performance were not up to the mark of private sector performances which led GOI to decide on restricting their interventions and releasing some reforms for the banks. As a result, in budget 2015 Finance minister has announced to implement an autonomous bank board bureau to take concerned care on public sector&#8230;<\/p>\n","protected":false},"author":645,"featured_media":26449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[1519],"tags":[2503,1136,2174,2293],"class_list":["post-26402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting-banking-and-finance","tag-2503","tag-banking","tag-budget","tag-norms"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What does budget 2015 say for banks? - Vskills Blog<\/title>\n<meta name=\"description\" content=\"What does the budget 2015 hold for banks?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What does budget 2015 say for banks? - Vskills Blog\" \/>\n<meta property=\"og:description\" content=\"What does the budget 2015 hold for banks?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/\" \/>\n<meta property=\"og:site_name\" content=\"Vskills Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/vskills.in\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/p.kannammai\" \/>\n<meta property=\"article:published_time\" content=\"2015-03-06T06:31:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-03T07:45:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/What-does-budget-2015-say-for-banks.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"420\" \/>\n\t<meta property=\"og:image:height\" content=\"280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kannammai Palaniappan\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kannammai Palaniappan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/\",\"name\":\"What does budget 2015 say for banks? - Vskills Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/What-does-budget-2015-say-for-banks.jpg\",\"datePublished\":\"2015-03-06T06:31:59+00:00\",\"dateModified\":\"2024-04-03T07:45:50+00:00\",\"author\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/74af3e2d22de506afe6ea98686d960da\"},\"description\":\"What does the budget 2015 hold for banks?\",\"breadcrumb\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/#primaryimage\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/What-does-budget-2015-say-for-banks.jpg\",\"contentUrl\":\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/What-does-budget-2015-say-for-banks.jpg\",\"width\":420,\"height\":280},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.vskills.in\/certification\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What does budget 2015 say for banks?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#website\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/\",\"name\":\"Vskills Blog\",\"description\":\"Vskills - A Initiative in Assessment to Enhance Employability\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.vskills.in\/certification\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/74af3e2d22de506afe6ea98686d960da\",\"name\":\"Kannammai Palaniappan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4a364c6ca3c88fb06e784ec975b1cedcd528ed64580a6c1406f70212568ececf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/4a364c6ca3c88fb06e784ec975b1cedcd528ed64580a6c1406f70212568ececf?s=96&d=mm&r=g\",\"caption\":\"Kannammai Palaniappan\"},\"description\":\"Completed B.tech(CSE) in Sastra University, Tanjore. Pursuing my MBA(Finance) in Christ University, bangalore. Beyond finance, interested in journalism and database management.\",\"sameAs\":[\"https:\/\/www.facebook.com\/p.kannammai\",\"https:\/\/www.linkedin.com\/in\/kannammaip\/\"],\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/author\/kannammai-palaniappan\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What does budget 2015 say for banks? - Vskills Blog","description":"What does the budget 2015 hold for banks?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/","og_locale":"en_US","og_type":"article","og_title":"What does budget 2015 say for banks? - Vskills Blog","og_description":"What does the budget 2015 hold for banks?","og_url":"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/","og_site_name":"Vskills Blog","article_publisher":"https:\/\/www.facebook.com\/vskills.in","article_author":"https:\/\/www.facebook.com\/p.kannammai","article_published_time":"2015-03-06T06:31:59+00:00","article_modified_time":"2024-04-03T07:45:50+00:00","og_image":[{"width":420,"height":280,"url":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/What-does-budget-2015-say-for-banks.jpg","type":"image\/jpeg"}],"author":"Kannammai Palaniappan","twitter_misc":{"Written by":"Kannammai Palaniappan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/","url":"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/","name":"What does budget 2015 say for banks? - Vskills Blog","isPartOf":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/#primaryimage"},"image":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/#primaryimage"},"thumbnailUrl":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/What-does-budget-2015-say-for-banks.jpg","datePublished":"2015-03-06T06:31:59+00:00","dateModified":"2024-04-03T07:45:50+00:00","author":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/74af3e2d22de506afe6ea98686d960da"},"description":"What does the budget 2015 hold for banks?","breadcrumb":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/#primaryimage","url":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/What-does-budget-2015-say-for-banks.jpg","contentUrl":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2015\/03\/What-does-budget-2015-say-for-banks.jpg","width":420,"height":280},{"@type":"BreadcrumbList","@id":"https:\/\/www.vskills.in\/certification\/blog\/what-does-budget-2015-say-for-banks\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.vskills.in\/certification\/blog\/"},{"@type":"ListItem","position":2,"name":"What does budget 2015 say for banks?"}]},{"@type":"WebSite","@id":"https:\/\/www.vskills.in\/certification\/blog\/#website","url":"https:\/\/www.vskills.in\/certification\/blog\/","name":"Vskills Blog","description":"Vskills - A Initiative in Assessment to Enhance Employability","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.vskills.in\/certification\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/74af3e2d22de506afe6ea98686d960da","name":"Kannammai Palaniappan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/4a364c6ca3c88fb06e784ec975b1cedcd528ed64580a6c1406f70212568ececf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4a364c6ca3c88fb06e784ec975b1cedcd528ed64580a6c1406f70212568ececf?s=96&d=mm&r=g","caption":"Kannammai Palaniappan"},"description":"Completed B.tech(CSE) in Sastra University, Tanjore. Pursuing my MBA(Finance) in Christ University, bangalore. Beyond finance, interested in journalism and database management.","sameAs":["https:\/\/www.facebook.com\/p.kannammai","https:\/\/www.linkedin.com\/in\/kannammaip\/"],"url":"https:\/\/www.vskills.in\/certification\/blog\/author\/kannammai-palaniappan\/"}]}},"_links":{"self":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts\/26402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/users\/645"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/comments?post=26402"}],"version-history":[{"count":5,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts\/26402\/revisions"}],"predecessor-version":[{"id":71543,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts\/26402\/revisions\/71543"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/media\/26449"}],"wp:attachment":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/media?parent=26402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/categories?post=26402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/tags?post=26402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}