Amid outrage over Vijay Mallya's massive default on loans, Finance Minister Arun Jaitley and RBI Governor Raghuram Rajan today cautioned against overstating the bad loans crisis in the banking system lest it hampers the entire lending operations and growth. Talking to media after the Central Board meeting of RBI in New Delhi, Mr Jaitley said individual misdemeanors will be looked into differently. He expressed concern over rising Non Performing Assets (NPAs) in banks and hoped that the situation would see improvement. The Finance Minister said, in the meeting they discussed disinvestment, financial reforms and cleaning up of bad loans.