NPA trouble: State-run banks require an urgent Rs 1.2 trillion in capital in the next five months, government to take a bulk of the tab, says Crisil

NPA trouble: If government decides to meet this need, this will put further pressure on the fiscal maths, thus its ability to meet the 3.3 percent fiscal deficit target for the current fiscal year. Already government has used up over 95 per cent of the deficit target or the market borrowings as of October end.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2JPKDa9