Category: Infrastructure Finance

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Resolving Indias NPA issue with the right mindset

Resolving Indias NPA issue with the right mindset

Indias attempts at resolution and recovery of non-performing assets (NPA) must be viewed as an extension of the federal governments Clean India Programme, albeit with the difference that it involved the cleansing of the financial system, opined a panel of experts at a discussion on Managing NPAs: Resolution and Recovery at the Fourth Global Exhibition on Services (GES) on Thursday.

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Banks Rs.5 trillion NPA worry

Banks Rs.5 trillion NPA worry

The slippages tend to mars banks profitability, but the tide seems to be turning with sharp reduction in SMA 2 cases and better NPA recovery prospects.As much as Rs 5 trillion of bank loans have deteriorated into non-performing assets NPAs in fiscal 2018, taking the total slippages in the past three fiscals to Rs 13 trillion.