More capital may be infused shortly in public sector banks to enable them to meet Basel III norms. The list of beneficiary may be announced soon and the capital infusion in the banks may take place in tranches as it happened last fiscal. The government is said to be finalizing the "quantum of solace" required to be given to PSBs under the Indradhanus scheme. Although the Indradhanus scheme has assigned Rs 10,000 crore for the current fiscal, it may prove insufficient on account of high provisioning requirement for bad loan resolution through various processes, including insolvency and bankruptcy proceedings. Last month, RBI Deputy Governor S S Mundra had said public banks may require more than the budgeted Rs 10,000 crore capital infusion from the government in the current fiscal on account of higher provisioning for bad loans and haircut on stressed assets. The processes of NPA resolution and capitalization are closely a ssociated, Mundra said, adding that it appears banks may need additional capitalization post the exercise.