Unmasking The Ordeal Of Growing Npas In IndianBanking Sector
Journal Title: International Journal of Business and Management Invention - Year 2018, Vol 7, Issue 7
Abstract
The role of Indian banking sector has evolved over the years from being just a factory of credit to that of instrument of economic growth. Banks lay the foundation for strong and independent economy .In highly global competitive world banks act as a prominent stimulus for accelerating the pace of development. However playing the role of an agent of economic development and growth has also burdened banks with enormous responsibilities and obligations. The enormous pressure from the economy side, has led to excessive lending by the banks therby compromising their profitability .This is especially true for the public sector banks of India. Banks today are facing the challenges of rationalizing their resources for meeting the short-term and the long term objectives of the economy. Non-performing Assets are the results of such pressures on the Indian banking sector.
Authors and Affiliations
Dr Geetanjali Sharma
Keywords
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