It would be too early at this stage to restrict the menu of instruments that will be assessed by the relevant committees and ECB staff. The existing menu is nevertheless extensive – you only have to look at what has been done in the past three years.
While the ratio for the PSBs was lower at around 11.38 per cent, the ratio in case of private sector and the foreign banks was in excess of 16 per cent. Going ahead, the capital position of the banks, especially the PSBs, is likely to come under some strain, both in terms of quantity and quality.