Budget 2013: Sectors on radar : Banking
Budget 2013: Sectors on radar  

Banking
Government may go forth with issuing of more new licences in banking sector. This might cast a negative impact on the entire sector because the entry of new players will increase market competition.

Another demand raised by the banking sector allowing tax free infrastructure bonds so as to bring more funds. The banking sector remains at the priority list because these major decisions will give further direction to the sector. Banking stocks should be carefully watched because if the first decision of granting licence is okayed, the stocks of banks may go in red but the second decision might bring cheer across the banking stocks.

Ajeet Kumar/Reema Sharma
 
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