Banks may see some of their restructured assets turning into bad loans this fiscal with gross NPAs touching around 5 per cent of the system, which calls for an urgent need to revamp the corporate debt restructuring mechanism, according to a BCG-Ficci report.
"There is a possibility that 15-20 per cent of the restructured book may slip into non-performing assets (NPAs) by this fiscal, should the economy not improve and gross NPAs could reach close to 5 per cent," said the report titled 'Consistency, Quality and Resilience: The Next Frontier for Productivity Excellence'.
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