Banks in India will need about $140 billion to ensure full compliance with the Basel III norms by 2018-19, Fitch Ratings said on Thursday. It also said that they are unlikely to see a significant improvement in the credit growth unless capital and bad loans related issues are resolved. The government's expected capital injection of around $11 billion into its banks is critical but may be insufficient to support sustainable lending growth to achieve Basel III requirements and cushion against balance-sheet stress, all at the same time, Fitch said.