With the government coming down hard on black money, analysts say the real estate sector will be among the worst hit, given the high usage of cash. Stocks of companies in the realty segment have been on a downward spiral since demonetisation was announced. Banks, on the other hand, have been grappling with a high level of stressed assets/non-performing loans. Will the demonetisation add to their woes? Puneet Wadhwa compiles a list of top banks with high exposure to the commercial real estate segment in March 2016: