Public Sector Banks: Capital requirement to shrink to about Rs 25,000 cr in FY20, says Moody's Investors Service
"The latest government capital infusions will improve the solvency of the banks, and significantly boost their provisions for non-performing loans. However, large volumes of legacy problem loans have yet to be resolved," it added.
Moody's Vice-President and Senior Credit Officer Alka Anbarasu said the capital infusions will help the PSBs meet regulatory capital requirements and improve provisioning coverage. Reuters