 "PSB, bad loan, npa, rbi, rbi mundra")
Reserve Bank of India (RBI) Deputy Governor S S Mundra on Friday said, public sector banks might require more than the budgeted Rs 10,000 crore capital infusion from the government in the current financial year on account of the higher provisioning for bad loans and haircut on stressed assets.
“I think the finance minister has always been mentioning that if there is a need we will find resources,” he said on the sidelines of an event organised by Assocham.
The process of non-performing assets (NPA) resolution and capitalisation are closely associated, Mundra said, adding, it appears banks may need additional capitalisation
