INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
The Indian banking system has been confronted with a multitude of problems starting with high Gross Non-performing Assets (NPAs) ratios, low capital provisioning, and low profitability. During this period, the Indian banks, especially, Public Sector Banks (PSBs), were trounced to a level wherein they brought down the banking system of India to the poorest assets quality ratios globally. The RBI announced a plethora of regulatory measures to strengthen the India banking system, more specifically, to provide assets quality forbearance. The main objective of this paper is to provide a brief overview of the current situation of NPAs in India and the critical appraisal t of the corrective measures taken by the Government of India through the Central Bank (RBI) from time to time.
Keywords:
NPA, 4R's strategy, SARFAESI Act
Cite Article:
"Non-Performing Assets(NPAs)- Bold Corrective Initiatives : Critical Appraisal", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 10, page no.c416-c430, October-2023, Available :http://www.ijnrd.org/papers/IJNRD2310247.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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