Asian Journal of Management

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Recovery Management of Non-Performing Assets of Public and Private Sector Banks


Affiliations
1 S.N. College Banga (S.B.S. Nagar), Punjab, India
2 Department of Distance Education Punjabi University, Patiala, India
     

   Subscribe/Renew Journal


The Indian banking system faces a problem of huge number of Non-Performing Assets on the bank's balance sheet. To ensure proper functioning of the banking system in the economy, we need to see that the level of NPAs is kept down. Banks were never so serious in their efforts to ensure timely recovery and consequent reduction of Non-Performing Assets as they are today. It is important to remember that recovery management, be of fresh loans or old loans, is central to NPAs management. Banking in India faces the difficulty of mounting Non- Performing Assets, which is unfavorable for the bank's financial health. Banks have had to wait for very long time in Civil Courts to get cases concerning debt-recovery disposed and recovered. This led to the trapping of crores of rupees in litigation proceedings, which the bank could not re-advance, forcing the Government to establish a Debt Recovery Tribunal (DRT) to assure expeditious recovery proceedings and speedy adjudication of matters concerning debt recovery of banks. This research paper deals with the study of Recovery of NPAs in Public and Private sector Banks.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Debanth and Kalyan, “Managing Non-Performing Assets: A Professional Approach for Better Asset Management”, IBA Bulletin, Vol.XVI, No.5, May, 1994.

  • Satyanaraya Convertibility”, Prajnan, Vol.XXVI, No.3, 1997, pp.325-45.

  • Nettime N. and Kuruba G., “Reforming Banking and Financial Sector in the Context of Economic Restructuring”, Ibid, 2000, pp.39-51.

  • Kaveri V.S., “Loan Default and Profitability of Banks”, IBA Bulletin, Vol.23, No.1, Jan 2001.

  • Bidani, "Managing Non-Performing Assets in Banks", Vision Books, 2002.

  • Raghupathy S., “South Indian Banks: A brief price new look”, Industrial Economist, 30th Jan - 14th Feb, 2001.

  • Abhiman Das, “Risk and Productivity Change of Public Sector Banks”, Economic and political weekly, Feb 2-8,2002, pp.437- 47.

  • Ram Mohan T.T. “Deregulation and Performance of Public Sector Banks”, Economic and Political Weekly, Vol.XXXVII, No.5, Feb 2-8 2002, pp.393-97.

  • Rajput, "Banking Sector Reforms in India - A study of Post- Liberalization Period”, 2003.

  • Kumar, "The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002", 2003.

  • RBI Report on Currency and Finance 1998-2011

  • Report on Trend and Progress on Banking in India 1998-2011

  • www.rbi.org.in

  • www.indianjournals.com/ijor.aspx?target=ijor:jmr&volume =7&issue=1&article=004


Abstract Views: 3336

PDF Views: 0




  • Recovery Management of Non-Performing Assets of Public and Private Sector Banks

Abstract Views: 3336  |  PDF Views: 0

Authors

Neeraj Kumar Saddy
S.N. College Banga (S.B.S. Nagar), Punjab, India
Harpreet Kaur
Department of Distance Education Punjabi University, Patiala, India

Abstract


The Indian banking system faces a problem of huge number of Non-Performing Assets on the bank's balance sheet. To ensure proper functioning of the banking system in the economy, we need to see that the level of NPAs is kept down. Banks were never so serious in their efforts to ensure timely recovery and consequent reduction of Non-Performing Assets as they are today. It is important to remember that recovery management, be of fresh loans or old loans, is central to NPAs management. Banking in India faces the difficulty of mounting Non- Performing Assets, which is unfavorable for the bank's financial health. Banks have had to wait for very long time in Civil Courts to get cases concerning debt-recovery disposed and recovered. This led to the trapping of crores of rupees in litigation proceedings, which the bank could not re-advance, forcing the Government to establish a Debt Recovery Tribunal (DRT) to assure expeditious recovery proceedings and speedy adjudication of matters concerning debt recovery of banks. This research paper deals with the study of Recovery of NPAs in Public and Private sector Banks.

References