He also said that in the coming months, the IBC process would see some refinement, even as the capacity to handle the cases would get built up in an institutionalised manner. The banks’ gross NPAs have crossed the staggering level of Rs 9 lakh crore. The government last year embarked on a two-pronged strategy on bad loans. On the one hand, it has brought in the IBC which provides for a six-month time-bound insolvency resolution process, extendable by another 90 days. On the other hand, it has approved a Rs 2.11 lakh crore recapitalisation plan for state-run banks. (IANS)