Recently the Supreme Court vacated the relief granted earlier to not declare the accounts of respective borrowers as non-performing assets stands vacated. This has now brought an end to the blanket ban on classification of non-performing assets (NPAs). It however added that there shall be no order as to costs. Here is an article which gives the details as to the repercussions of the Supreme Court vacating the stay on NPA.
Let us wait and see how the further impact on NPAs would be foreseen in the days to come.
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