No bad news is good news; pvt capex will take one more year to revive: Bankers

Banking industry's lobby grouping Indian Banks Association's chairman A K Goel said the increased capital expenditure could help in further increasing the demand for bank funds and the Agriculture Accelerator Fund woill also be helpful. Umesh Revankar, the executive vice chairman of Shriram Finance said the income tax benefits announced will boost purchasing power for middle-class consumers.

from Banking/Finance-Industry-Economic Times https://ift.tt/jlXANfM