Minister: RBI hasn’t told banks to raise capital to prevent NPAs

But, he said, “banks and non-banking financial institutions are required to maintain capital as per prudential capital adequacy norms on an ongoing basis.”RBI Governor Shaktikanta Das at an event in July had advised banks need to raise capital on anticipatory basis to build up adequate capital buffers to mitigate risks arising out of coronavirus outbreak. Das had urged banks to improve their governance, sharpen risk management skills.