About the Book: Bad Money: Inside the NPA mess and How it Threatens the Indian Banking System In Bad Money, bestselling author Vivek Kaul dissects Indias biggest banking emergency. The book will explain the role of each of stakeholders in the complex banking ecosystem and connect all missing pieces to create the larger picture. In the process, it will answer many questions including the proverbial, Is your money in public sector banks safe? The bad loans of Indian banks recently crossed Rs 10 lakh crore. Bad loans are essentially loans which havent been repaid for ninety days or more. In percentage terms, 11.6 per cent of the total loans given out by Indian banks have turned bad. About 90 per cent of NPAs in Indias banking sector is on the books of state-run banks. How did bad loans reach such gigantic proportions? What role did corporates play in this? What role did politicians play in perpetuating this? What was RBI doing all this while?