Letters: Level playing field

A major portion of the so-called stressed assets of banks are in the private sector

With reference to Anup Roy’s piece, “Bad loan crisis shows signs of subsiding, says analysts” (May 11), public sector banks (PSB) continue to be the whipping boys for non-performing assets (NPA) created in the private sector.
 
All through, the comparisons have been regarding the percentages of gross and net NPAs accumulated in public and private sector banks. Rarely is there any reportage about the context of formation of the State Bank of India, nationalisation of banks, current business mix or the share in banking business held by the two categories of banks. It should be kept in mind that