While risks to the corporate sector showed signs of moderation last year, having increased after the global financial crisis in 2007-08, the sector was nevertheless vulnerable to weaker demand and the ability to service debt had weakened, the Reserve Bank of India’s (RBI) financial stability report (FSR), released on Tuesday, noted.
Moreover, risks to the country’s banking sector, the central bank observed, had risen since December 2015, when the last FSR was published, primarily due to a further deterioration in asset quality and low profitability.

Source - http://www.financialexpress.com