Burning Problem Indian banking industry is undergoing a big problem of NPA [1] (Non-Performing Asset) crisis in recent years which is eroding the profitability metrics of commercial sector banks, affecting their balance sheets (higher provisions [2] ) and in a longer run impacting overall Indian economy as well. As per recent news, SBI reported a massive 67% fall in consolidated net profit at Rs 1,259.49 crore in the quarter to December 2015, after it classified loans worth Rs 20,692 crore as having turned bad [3] . Other large Public sector banks, to quote a few like Punjab National Bank and Union Bank of India have posted substantial dip in their net profits. RBI has relaxed the norms as part of proposal on April 6 th 2015, which says banks can take 2 more years for classifying certain asset as NPA. This may help banks on going easy on provisioning against bad loans. But this is going to aggravate the problem further in longer run as it may lead to technical bankruptcy ...