Banks play a very important role in the development of an economy. If the banking sector is not functioning well then the whole country gets affected. This is when Acts like SICA act and organisations like BIFR becomes an essential element in an economy. In banks these situations usually arise out of high Non-Performing Assets (NPA). This case study uses the Z-Score model for the analysis of 12 banks with very high NPA and low market share. According to the analysis done by us the banks are nearing sickness. According Reserve Bank of India“a sick unit is one which has reported cash-loss for the yearof its operation and in the judgment of the financing bank is likely to incur cash-loss for the current year as also in the following year.”

Keywords: Z-Score model; Non-Performing Assets (NPA); SICA act.