<h1>India's Banks Face Rs. 9.64 Lakh Crore Stressed Assets; RBI and Government Implement Recovery Measures.</h1> Total stressed assets of Scheduled Commercial Banks in India amounted to Rs. 9.64 lakh crore as of December 31, 2016. From April to December 2016, these banks recovered Rs. 46,245 crore globally. The Reserve Bank of India has introduced several resolution tools, including Corporate Debt Restructuring, Joint Lenders Forum, and Strategic Debt Restructuring, among others. The government has also implemented sector-specific measures and enacted the Insolvency and Bankruptcy Code to address high non-performing asset levels. Amendments to existing financial acts and the establishment of six new Debt Recovery Tribunals aim to enhance loan recovery processes.