Bad loans: What bank CEOs said and what happened

The ghost of bad loans continues to haunt large public and private sector banks even as fiscal 2016-17 comes to an end. Despite expectations that the worst may be over, total stressed assets, which include non performing assets (NPAs) and restructured loans, have steadily increased for the banks in the current fiscal.

The adjoining table illustrates how stressed assets have risen through this fiscal and what bank CEOs said at the start of the fiscal.