Budget 2019 has proposed an additional push of Rs 70,000 crore to the public sector banks. The Nifty PSU Bank index went up 2.5 per cent after the announcement. Finance minister Nirmala Sitharaman announced this move to boost credit in the ailing PSU banks. Market participants admit that this is a larger-than-expected capital for these ailing banks and it will definitely improve their health. Does this mean that the returns from the banking sector funds will also go up?
Banking sector f ..
