What Kind of Budget Does India's Banking Sector Need https://youtu.be/Dtg8auJvEe0
Thomas Franco Social activist and former Gen Sec of the All India Bank Officers' Confederation Budget 2025: What's at Stake?', Thomas Franco dissects the government’s claims of a banking ‘turnaround,’ as highlighted in the last Economic Survey. Are declining non-performing assets, rising bank profits and increased financial inclusion as promising as they seem?
He also evaluates whether successive budgets have truly delivered on credit support for MSMEs, including MUDRA loans, during financial stress. Finally, Franco outlines what a credit-sensitive budget should prioritise, sharing key recommendations for strengthening the nation’s financial system.
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