After the moratorium: Banks have to face their bad loan problem, again

Indian banks will have a hard task when RBI's moratorium ends this month. Those that do not get capital will have to show their true health, writes Tamal Bandyopadhyay

IDBI Bank Ltd and Uco Bank did an encore in the June quarter. IDBI Bank posted a Rs 144.43 crore net profit, after recording a Rs 139 crore net profit in the March quarter. Before that, it had posted losses close to Rs 42,000 crore for 13 successive quarters. For Uco Bank, the June quarter net profit is Rs 21.45 crore: after it had made an even smaller, Rs 17 crore, net profit in March quarter. The Kolkata-headquartered bank took 17 quarters and over Rs 16,000 crore loss up its chin to come back to the black.
 
The State