A Study on Non- Performing Assets with Reference to Banking Sector

Abstract

The future of Indian Banking represents a unique mixture of unlimited opportunities amidst insurmountable challenges. On one hand, we see the scenario represented by the rapid process of globalization presently taking shape bringing the community of nations in the world together, transcending geographical boundaries, in the sphere of trade and commerce, and even employment opportunities of individuals. All these indicate newly emerging opportunities for Indian Banking. The project has tried to analyze the present situation in Indian banks. With the process of liberalization and globalization, the bank credit has witnessed spectacular growth as a catalyst of economic growth. With the increase in the growing volume of credit, the volume of impaired credit has also multiplied due to various factors. This burgeoning level of NPA had become a grave matter of concern for the Indian banks.