India, July 19 -- At present, public sector banks are facing shortage of capital. Therefore, in order to improve the health of the public sector banks, a proposal to give 70,000 crore as recapitalization has been done in the budget. During the financial year 2018-19, Modi Government provided public sector banks to the tune of Rs.1.6 lakh crore as recapitalization, which till now has the maximum assistance given to public sector banks. This initiative of the government has helped 5 public sector banks to come out of the "Prompt Corrective Action" (PCA) framework. It is worth mentioning that since the financial year 2016, debt of Rs.17 lakh crore has been converted into Non Performed Assets (NPA). If seen, public sector banks have taken this ...