Budget 2021 may keep Rs 25,000 crore for capital infusion in public sector banks

In its latest Financial Stability Report released earlier this month, the Reserve Bank of India (RBI) said public sector banks’ gross non-performing assets may rise from 9.7% in September 2020 to 16.2% by September 2021 in the baseline case scenario. In such an eventuality, the banks will need more capital.

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