Sunday, August 16, 2020

Govt may not need to infuse fresh capital in PSU banks this fiscal

There may not be a sudden surge in non-performing assets (NPAs) after the six months moratorium comes to an end this month as it is followed by one-time loan restructuring, sources said, adding, provisioning requirement is also quite low for the debt recast accounts.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/govt-may-not-need-to-infuse-fresh-capital-in-psu-banks-this-fiscal/articleshow/77573788.cms

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