Banks' stressed assets may hit ₹10L cr: Assocham
The stressed assets (gross non-performing assets and restructured assets combined) of banks may be pushed to ₹10 lakh crore in the January-March 2017 quarter against ₹8 lakh crore at December-end 2015, according to trade body Assocham. The slowdown in key sectors including steel, textiles and aluminium and the ongoing asset quality review by RBI may cause the increase, it added. 