NPAs are a drain on profitability; have a negative impact on capital adequacy and affect the sources and image of a bank. The banking fraternity was unaware of a term like “Non-Performing Asset (NPA)†till 1991. The concept of Non-performing and Performing Assets has been founded under the new regulatory norms of RBI after 1991, consequent upon the Government’s decision to implement reforms in the Indian Financial Sector. The vulnerability of the NPAs calls for the attention of the managements of banks to appreciate the dynamics thereof in Indian as well as global scenario and evolve measures for effective management of NPAs. Under these conditions, banks need to tackle the NPA issues with multi-pronged approaches and strategies. This book on NPAs in Banking System has thus made an attempt to cover all the contemporary issues and challenges relating to the non-performing assets in banks and their effective management. It is hoped that the readers would find it resourceful for the simple reason that NPAs will exist as long the lending activity in banks stays – the subject of NPA Management therefore, would continue to be of relevance for ever to the banking system and its stakeholders irrespective of the past, the present or the future.
There are no reviews yet.