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