The spectre of stressed assets left a swathe of red across the financials of many banks, especially public sector banks, in 2015-16. The Reserve Bank of India’s Asset Quality Review last year resulted in banks beginning the process of recognising bad loans. As a result, banks were hit on both non-performing loans and profitability.
In the first screening proposed by Business Standard, two filters were used — asset size of over Rs 50,000 crore and growth in net profit. The result was a dominance of new private sector banks and small public sector banks.
The jury, headed by C M Vasudev, former

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