- Stressed Assets – It is a broader term and comprises of NPAs, restructured loans and written off assets.
- NPAs (Non-performing Assets) – A loan whose interest/instalments has not been paid for more than 90 days.
- Restructured Loans – assets/loans which have been restructured by giving a longer duration for repayment, lowering interest or by converting them to equity.
- Written off Assets – assets/loans which aren’t counted as dues. They are compensated through some other way
- Strategic Debt Restructuring (SDR) – consortium of lenders converts a part of their loan in an ailing company into equity, with the consortium owning at least 51 per cent stake