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NPA mess: Rising stressed assets in telecom, power worrying: Credit Suisse

Total stressed loans could be Rs 14 lakh cr, against recognised NPAs at Rs 12 lakh cr

RBI, reserve bank of India, NPAs
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Illustration: Ajay Mohanty

Puneet Wadhwa New Delhi
At a time when the jury is still out on the recent decisions by the Maharashtra and the Uttar Pradesh (UP) governments on farm loan waiver (agri loans) that are likely to put an additional burden on the exchequer, there are bigger problems at hand.

A recent report by Credit Suisse titled ‘India Corporate Health Tracker’, co-authored by Ashish Gupta and Kush Shah, pegs the total stressed assets with banks in the fourth quarter of financial year 2016-17 (Q4FY17) at Rs 14.5 trillion, or Rs 14.5 lakh crore, which is marginally less than the Rs 14.8-lakh crore figure