Non-Performing Assets in Indian Banks: Its Causes, Consequences & Cure

Abstract

The NPA demon is eating away the Indian economy slowly and steadily as it is making the credit costly and scarce. Unless it is managed effectively&quickly, it will mar the financial inclusion as well as infrastructure development in the country. ROSPERITY of any country depends upon its prosperous economy; which in turn relies upon its vibrant banking system. The vitality of the Indian banking system, particularly Public Sector Banks which control 70% of the banking business, is threatened by rising non-performing assets (NPAs).