Minister of State for Finance, Jayant Sinha has said that the government is working with RBI to resolve the problem of bad loans, which is going to continue till March next year. Speaking to reporters at New Delhi Friday, the minister said, out of the total advances of about 69 lakh crore rupees in the banking sector, the stressed assets account for about 8 lakh crore rupees. Mr. Sinha assured that RBI has systemically taken note of stressed assets across both public and private sector banks and noted that banks are in a fairly comfortable position with regard to capital requirements. He also expressed confidence that, banks would be able to deal with the problem of stressed assets given the enhanced NPA resolution measures announced by RBI and the government recently. The minister added that once the resolution capabilities for the banks are strengthened and the bankruptcy code is in place the situation of stressed assets can be dealt with.