Predictions indicate rising NPAs in PSBs from populist schemes like PM Surya Ghar Muft Bijli Yojana, with 70-80% of ~6 lakh loans (totaling ₹10,900 crore) already turning non-performing. Bankers whisper of “political ATMs” where PSBs bear recovery risks, potentially leading to stricter lending norms or government recapitalisation by Q1 2026.