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Capital requirement of PSBs to shrink to about Rs 25,000 cr in FY20, said Moody's

Updated : February 22, 2019 08:16 AM IST

Moody's said that the government fund requirements for public sector banks (PSBs) will shrink substantially to about Rs 20,000-25,000 crore by March 2020 on the back of improving asset quality.
The capital infusion is to help them maintain regulatory capital requirements and finance growth plans.
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.
Capital requirement of PSBs to shrink to about Rs 25,000 cr in FY20, said Moody's
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