It was proposed by a panel led by PNB chairman Sunil Mehta to address the bad loansproblem in India’s banking sector Public sector banks (PSBs) will need an additional capital of Rs 1.1-1.3 trillion over thenext two years to implement a five-point strategy to tackle bad loans, a committeereport on project ‘Sashakt’ has recommended.
? Project Sashakt was proposed by a panel led by PNB chairman Sunil Mehta. Bad loans ofup to ?50 crore will be managed at the bank level, with a deadline of
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