One of the focus areas of the meeting was effective monitoring to ensure better recoveries from the stressed assets, a senior public sector banker said.
During the two-day meeting, the banker said it was also discussed as to how a better value can be realised from the resolution process of NPAs.
Banks were also advised to look at cases where settlement can be done as part of lowering the burden.
The differentiated approach would also help them strengthen their financials.
As a result, the provisioning for expected losses grew substantially. From 2014-15 to first quarter if 2017-18, Rs 3.79 lakh crore provisioning was made, whereas during the preceding ten years total provisioning was Rs 1.96 lakh crore.
To deal with the rising NPAs, the Reserve Bank of India (RBI) earlier this year asked banks to refer 12 big cases for insolvency proceedings under the the Insolvency and Bankruptcy Code (IBC).
These accounts together owe debt of about Rs 1.75 lakh crore to various banks. These are accounts with fund and non- fund based outstanding amount greater than Rs 5,000 crore, with 60 per cent or more classified as non-performing by banks as of March 31, 2016.