Official data seem to suggest that while the distressed loans of PSBs may be plateauing, those of private banks are accelerating. A break-up of the NPAs shows that 21 PSBs saw their bad loans remaining flat at Rs 7.33 lakh crore compared with June 2017 figures while that of 17 private banks surged by 10.5 percent to Rs 1.06 lakh crore in September from Rs 96,201 crore. State Bank of India which topped the NPA chart has managed to stem the tide in bad loans in the September quarter. In the September quarter, its NPA marginally declined to Rs 1.86 crore from Rs 1.88 lakh crore in the June quarter. Like SBI, most of the other PSBs' also managed to arrest the rise in bad loans during the quarter. The trend may be an indication that the bad loans at these banks may be peaking. However, it has to be seen whether the trend will sustain over the next few quarters. However, gross NPAs of some private banks have risen significantly. Yes Bank's bad loans doubled from Rs 1,364 crore in June quarter to Rs 2,720 crore and Axis Bank's widened by 24 percent to Rs 27,402 crore from Rs 22,031 crore during the same period.