Seybold Report ISSN: 1533-9211
Richa Dixit*, Dr. K.K.Mishra, Dr. M K Jha
Vol 18, No 6 ( 2023 ) | Licensing: CC 4.0 | Pg no: 140-154 | Published on: 16-06-2023
Abstract
Since the introduction of economic liberalization and financial sector reforms, banks have been under immense pressure to reduce their Non-Performing Assets (NPAs) in order to enhance their sustainability, performance, and viability. Presently, banks are making significant efforts to effectively manage their NPAs, with the objective of ensuring proper handling and swift resolution. The management and prompt resolution of NPAs have become crucial tasks for banks. The issue of NPAs in banks and financial institutions is not only a major concern for the banks themselves but also for the overall economy. NPAs can hinder the expansion of credit, thereby impeding the economic growth of the country. In this study, the authors have examined various aspects and reasons for NPAs, utilizing data from the State Bank of India for analysis.
Keywords:
Non Performing Assets; NPAs, Public Sector Banks; MSME,etc.