RBI's Acharya says NPA problem require significant recapitalisation of banks
Acharya added, "There is a need for speedy and efficient resolution of stressed assets as it probably could help in restoring the utilisation capacity in this sector while further creating healthy investment in the system and at the same time would also support banks to again start lending in the same sectors again."
As per the Economic Survey, gross NPAs climbed to almost 12% of gross advances for public sector banks at end-September 2016. Photo: Youtube