State-run banks need fresh capital of â¹1.2 lakh crore: Crisil
State-owned banks will need â¹1.2 lakh crore in fresh capital by March 2019 to meet regulatory requirements, ratings agency Crisil said. Most of this would be needed to recapitalise 11 banks that are under RBI's Prompt Corrective Action framework. The estimated capital requirement is â¹21,000 crore more than the â¹2.11 lakh crore recapitalisation plan announced by government in October 2017.