Will Bank Recapitalisation Resolve NPA Issue? Unacademy Newsroom Live

Lesson 8 of 11 • 11 upvotes • 12:54mins

Abhishek Srivastava

In this session, Abhishek discusses an important issue - Will Bank Recapitalisation Resolve NPA Issue? Watch this informative session to learn more. The move on the part of the government to inject capital of ₹2.11 lakh crore into public sector banks (PSBs) is commendable and a decisive step. In making this move, there was an implied acceptance that the recovery process set up through the Insolvency and Bankruptcy Code (IBC) reform had not been working at the desired pace. When the Reserve Bank of India asked PSBs to work on the recovery process for 12 large exposures which account for 50% of the total non-performing assets (NPAs) worth ₹8 lakh crore in the banking system, it was expected that by December 2017, the banks would recover about ₹ 2 lakh crore. But it’s already November and we know that recovery is eluding us and the process may take longer. Till then the banking system will starve for capital. You can find the entire course here: Download the Unacademy Learning App from the Google Play Store here:- https://goo.gl/02OhYI Do Subscribe and be a part of the community for more such lessons here: https://goo.gl/gycFVs