Npa in Banks

17095 WordsMar 12, 201169 Pages
NON PERFORMING ASSETS IN BANKS REPORT SUBMITTED TO DEI IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE FOLLOWING AWARD OF BBM FINANCE & MARKETING NON PERFORMING ASSETS IN BANKS ACKNOWLEDGEMENT The work with this dissertation has been extensive and trying, but in the first place exciting, instructive, and fun. Without help, support, and encouragement from several persons, I would never have been able to finish this work. First of all, I would like to thank my teacher and guide Mr. S.P.Singh who not only served as my supervisor but also encouraged and challenged me throughout my academic program. He patiently guided me through the dissertation process, never accepting less than my best efforts. His editorial advice…show more content…
All these indicate newly emerging opportunities for Indian Banking. But on the darker side we see the accumulated morass, brought out by three decades of controlled and regimented management of the banks in the past. It has siphoned profitability of the Government owned banks, accumulated bloated NPA and threatens Capital Adequacy of the Banks and their continued stability. Nationalised banks are heavily over-staffed. The recruitment, training, placement and promotion policies of the banks leave much to be desired. In the nutshell the problem is how to shed the legacies of the past and adapt to the demands of the new age. Chapter I INTRODUCTION INTRODUCTION Banking sector reforms in India has progressed promptly on aspects like interest rate deregulation, reduction in statutory reserve requirements, prudential norms for interest rates, asset classification, income recognition and provisioning. But it could not match the pace with which it was expected to do. The accomplishment of these norms at the execution stages without restructuring the banking sector as such is creating havoc During pre-nationalization period and after independence, the banking sector remained in private hands Large industries who had their control in the management of the banks were utilizing major portion of financial resources of the banking system and as a result low priority was accorded to priority
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