Non-Performing Assets In Commercial Banks (Hardcover)

The book provides a comprehensive coverage of the challenges facing the banking industry in India in tackling the bargaining problem of Non-Performing Assets (NPAs). It traces the history of growth of NPAs in the banking industry caused initially by directed lending due to strong government hold on banks. The government control also kept the issue under wraps for a long time, undestanding the enormity of the problem only at the advent of economic reforms in early nineties. The book elucidates the various measures taken by Reserve Bank of India to Control NPAs over the last decade and a half and critically analyses the success obtained in containing the same. It also provides an international perspective by highlighting the problem of NPAs in other South East Asian countries and the measures taken by them to solve the issue.