Unless banks lend, how will they come out of PCA?: Financial Services Secy

The NPAs peaked at 11.6%(by the end of March 2018) and have reduced by Rs 360 bn in the first two quarters of this financial year

The government and the Reserve Bank of India (RBI) have agreed to sort out their differences on some key issues affecting the economy.  Ahead of the RBI’s next board meeting on December 14, Financial Services Secretary Rajiv Kumar talks to Somesh Jha about the government’s views on some of the points of friction and the series of reforms the government has taken to strengthen public sector banks (PSBs). Edited excerpts:

Liquidity as a huge concern seems to be over for non-banking financial companies (NBFCs). What steps are you looking at to boost liquidity further? 
 

After banks slowed down lending after