How to solve the issues of rising non performing assets in indian public sector bank?
Answers
Answered by
0
ndian banking system is beleaguered with non-performing assets (NPAs). According to the Reserve Bank of India’s Financial Stability Report of December 2017, they currently stand at 10.2 per cent of all assets, while stressed assets, which are believed to be NPAs in effect, stand at 12.8 per cent. Related frauds amount to INR 612.6 billion in the last five financial years and governance failures on account of integrity and competence issues plague the banking system.
Brookings India recently organised a roundtable in Mumbai on NPA resolution; participants ranged from a former Deputy Governor of the RBI
Similar questions