The Supreme Court verdict vacating the stay on NPA recognition by lenders and rejecting the demand to extend the moratorium period will make bank books transparent after a long period of opacity in reporting numbers. Though banks could see a spike in bad loan reporting in the March quarter, some lenders could write-back excess provisions, leading to a jump in profits. ET takes a look at all the relief measures given by the Reserve Bank of India and the government in the past year, to achieve business normalcy.
