Last week, Secretary of Department of Financial Services Hasmukh Adhia had told PTI: “We will be doing segment wise analysis of stalled projects and understand what are the impediments and what kind of policy support required to facilitate implementation of these large projects.

“Large size stalled projects of infrastructure sector, including power, surface transport, steel, shipping, would come up for review in the meeting at Mumbai which will also be attended by senior officials of ministries concerned.”

One of the major reasons for rising non-performing assets (NPAs) for PSU banks is non-implementation of infrastructure projects for reasons like, fuel linkage, environment clearance, land acquisition issue etc.

The level of NPAs and the stressed projects of the public sector banks have been showing an upward trend in the last four quarters.

As per the RBI data, gross NPAs of the PSU banks have gone up to 2,60,531 crore as on December 2014.

Gross NPAs of public sector banks rose sharply to 5.33 per cent in September 2014 as compared to 4.72 per cent of total advances at the end of March 2014.

As per an estimate, the impact of cancellation of coal block allotments on public sector banks due to likely stoppage of production of power plants is estimated at 96,484 crore.