<b>Stressed Assets Effect on Post Merger Scheduled Commercial Banks in India</b> The global banking reform agenda made further progress in 2017 ‘18, the Reserve Bank of India ushered in a revised framework with the insolvency and bankruptcy code as the focal point in pursuit of declogging of bank’s balance sheets from overhang of stressed assets. Going forward, issues such as recapitalization, improvement in banks’ corporate governance, implementation of Ind AS and containment of cybersecurity risks may assume prominence. Indian banks will continue to face deterioration in their non performing assets NPAs or bad loans due to the current economic conditions in the current fiscal year 2019 20 . The gross non performing assets GNPAs plus restructured standard advances in the banking system remained elevated at 12.1 percent of gross advances at end March 2018. Going forward, the stress tests carried out by the Reserve Bank suggest that under the baseline assumption of the current economic situation prevailing, the GNPA ratio of scheduled commercial banks SCBs may increase further in 2018 19.” The aggregate gross NPAs of SCBs increased primarily as a result of this transparent recognition of stressed assets as NPAs, from Rs 3,23,464 Crore, as on March 31, 2015, to Rs 10,35,528 crore, as on March 31, 2018. NPA, Insolvency and bankruptcy code, recapitalization, Corporate Governance, Ind AS and cybersecurity risks 1094-1100 Issue-2 Volume-4 Dr. S. Gautami | Dr. Nalla Bala Kalyan