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Book Cover for: Management of non performing advances a study with reference to public sector banks, Gopalakrishnan

Management of non performing advances a study with reference to public sector banks

GopalakrishnanFeb 6th, 2023
Paperback
Out of stock

From the Publisher

This describes Indian banking well. Competition, mergers, IT, new products, markets, and rules change banking. Changes in interest rates, currency rates, commodity prices, lenders, borrowers, and government self-interest necessitate financial innovation to handle current and emerging challenges. Our financial sector, which underpins the economy, has struggled to adapt to developments. One explanation for this is banks' NPAs. A bank loan or advance is "non-performing" after 180 days of late interest or principal payments. Advances that don't generate revenue and won't be repaid impair banks' ability to act as middlemen, one of their main functions (mobilising savings and providing finance for investments). A strong economy requires a healthy banking system.

About the Book

Pages
202
Publisher
Infotech
Published
Feb 6th, 2023
Language
English
Show Book Details

Book Title

Management of non performing advances a study with reference to public sector banks

Author

Gopalakrishnan

Page Count

202

Publisher

Infotech

Publication Date

Feb 6th, 2023

Language

English

Edition

-

Dimensions

9.00in - 6.00in - 0.46in - 0.67lb

ISBN-13

9784320242456

Recommended age

NA-NA

Categories

Commerce

E-Commerce - General (see also Computers - Electronic Commer

Publisher Marketing Description

This describes Indian banking well. Competition, mergers, IT, new products, markets, and rules change banking. Changes in interest rates, currency rates, commodity prices, lenders, borrowers, and government self-interest necessitate financial innovation to handle current and emerging challenges. Our financial sector, which underpins the economy, has struggled to adapt to developments. One explanation for this is banks' NPAs. A bank loan or advance is "non-performing" after 180 days of late interest or principal payments. Advances that don't generate revenue and won't be repaid impair banks' ability to act as middlemen, one of their main functions (mobilising savings and providing finance for investments). A strong economy requires a healthy banking system.