The Indian banking sector's non-performing assets (NPAs) are a significant concern for the economy. Here is a point-wise overview of the current status: 1. Size of NPAs: As of March 2021, the gross NPAs in the Indian banking sector stood at around ₹8.34 lakh crore ($112 billion). 2. RBI's NPA classification: The Reserve Bank of India (RBI) classifies accounts as NPAs if the borrower fails to pay interest or principal for 90 days or more. 3. Impact on banks: NPAs erode the profitability and financial stability of banks as they have to set aside provisions to cover potential losses. 4. Government initiatives: The government has implemented various measures to tackle NPAs, including the Insolvency and Bankruptcy Code (IBC) and the Asset Quality Review (AQR) by the RBI. 5. COVID-19 impact: The pandemic has worsened the NPA situation, with sectors like tourism, hospitality, and small businesses facing significant stress. 6. Loan restructuring: Due to the pandemic, the RBI introduced loan restructuring schemes to support borrowers facing difficulty in loan repayments. 7. Current recovery efforts: The government and banks are actively working on recovery and resolution of NPAs through initiatives like debt recovery tribunals, asset reconstruction companies, and strategic debt restructuring. Overall, managing and reducing NPAs remains a key priority for the Indian banking sector to ensure its long-term viability and support economic growth.