Bad loan crisis shows signs of subsiding, say analysts

According to Moody's, recent ordinance and RBI's action on joint lenders' forum are credit positive

Bankers and analysts are finally arriving at a consensus of sorts on the state of non-performing assets in 2017-18.
 
Bankers say fiscal 2018 would be much better in terms of asset quality than fiscal 2017. Analysts say bad debt accretion would continue in the current fiscal, too, but the numbers may not see the kind of shocking jumps as seen in the fiscal year gone by.
 
The Reserve Bank of India (RBI) had forced banks to recognise their bad debts between August and March 2017 under an asset quality review. It showed that banks were revealing only a