We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Managing NPAs of Indian Banks: Recent Developments.
- Authors
Bhatt, Maulik; Panda, Rasananda
- Abstract
Banks in India are facing the problem of non-performing assets (NPA), for which a credible solution is yet to be found. The gross NPA increased by 23% between 2005-2016. The Reserve Bank of India, the central bank of the country, and the Government of India are considering alternative approaches to reduce the NPA level. In May 2017, the Government gave more power to RBI's Oversight Committee through an ordinance. This paper reviews literature related to management of stressed assets to discuss the feasibility of the ordinance to reduce the NPA level in India. An attempt is made to review the approaches adopted to define and manage the NPAs and to review the relative effectiveness of the approaches to recover NPAs.
- Subjects
INDIA; NONPERFORMING loans; RESERVE Bank of India; BANKING industry; BANK assets; BANKING laws
- Publication
FIIB Business Review, 2017, Vol 6, Issue 4, p10
- ISSN
2319-7145
- Publication type
Article
- DOI
10.1177/2455265820170402