Explanation:

• India's government sought parliamentary approval to inject Rs 20,000 crore ($2.72 billion) in state- run banks in the current fiscal year, to help lenders mitigate the expected surge in bad loans due to the pandemic.
• The pandemic's impact is likely to push up the ratio of gross non-performing assets in the Indian banking system to at least 12.5% by March 2021, from 8.5% in March 2020, according to a report by the Reserve Bank of India.
• The government has already pumped in Rs 3.5 lakh crore in the last five years to rescue its banks.