Last five years’ net NPA graph of private banks is a mirror image of their gross NPAs. For Axis Bank, it rose from 0.3% in 2012 to 0.7% in 2016 and zoomed to 2.3% in 2017. The trajectory for ICICI Bank is 0.7% in 2012, 1% in 2014, 3% in 2016 and 5.5% in 2017. For Dhanlaxmi Bank, after peaking in 2014 (3.8%) it has been progressively coming down (2.6% in 2017). Similarly, DCB Bank’s net NPAs peaked at 1% of its loan book in 2015 and it has managed to contain it at 0.8% in the past two years. For J&K Bank, it has been a progressive deterioration—from 1.6% in 2015 to 3% in 2016 and, finally, 5.5% in 2017.