It Increase The Lending Capacity Of Public Sector Banks
and Help Some Of Them To Come Out Of RBI’s supervision
Highlights of Central Government’s plan on Recapitalization of the PSU Banks
Effect of the proposal on NPA (Non Performing Assets)
Banks that have slashed their non-performing loans to 6% of the total will be given required capital support. Lenders will be given additional infusions to achieve a 9% capital to risk-weighted asset ratio. Such assets have declined from a peak of 7% in March 2015 to 0.59% in September 2018. Gross NPAs declined by Rs 23,860 cr in the first half of the current fiscal from March 2018 levels.
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