Recent softening in bond yields and consequent reversal of mark-to-market losses on bond portfolios of lenders is expected to lower capital requirements of PSBs, said Icra
Govt's capital support to PSBs to reduce by up to Rs 45,000 crore
Rs 65,000 cr – bank recapitalisation target seen unchanged in current fiscal year
Rs 22,900 cr – capital infused in seven PSBs till November
Rs 42,100 cr – balance capital to be equally allocated into PCA and non-PCA banks
Rs 2.11L cr – recapitalisation programme for PSBs
11 – banks are under prompt corrective action plan framework
Gross non-performing assets for banking sector likely to reduce to 10.2% by March
Net non-performing assets likely to reduce to 4.3%