PSBs will require govt capital support: Moody's
India's public sector banks (PSBs) will require capital support from the government in the near term to avoid a downgrade in their ratings as they have "little chance" of accessing the capital markets, credit rating firm Moody's said. This comes after industry body Assocham recently predicted that stressed assets of banks may rise to ₹10 lakh crore by January-March 2017.