Letters: Bogged down by NPAs

The issue of non-performing assets (NPA) should not be viewed in isolation for one public sector bank at a time when growth is hard to come by.
 
A sharp rise in NPA of banks is due to internal and external factors. Big banks such as the IDBI Bank, by virtue of a relatively large asset base and institutional orientation towards development finance, have more exposure and hence more NPA.
 
Banks took a plunge when the financial climate was perceived to be favourable and credit proposals received were found to be commercially viable. Risk perceptions are based on key