Has anyone seen this article?...

Has anyone seen this article? https://swarajyamag.com/economy/the-sunday-explainer-what-is-a-bad-bank-and-does-india-need-one

Paragraph that stands out to me is:

As the latest Economic Survey of the Government of India points out that the economy is suffering from a “twin balance sheet (TBS) problem”, where both the banking and corporate sectors were under stress. “Not just a small amount of stress, but one of the highest degrees of stress in the world. At its current level, India’s non-performing asset (NPA) ratio is higher than any other major emerging market (with the exception of Russia), higher even than the peak levels seen in Korea during the East Asian crisis”. This is crazy to even decipher.