14

Management of Non-Performing Assets by Banks

Chapter Objectives

This chapter will enable you to develop an understanding of the following:

  1. Non-performing assets

  2. Tools available to banks to manage their NPAs

  3. One-time settlement

  4. Lok Adalats

  5. Debt recovery tribunals

  6. Corporate debt restructuring

  7. Willful Defaulters

  8. The SARFAESI Act

  9. Asset reconstruction company

  10. CIBIL

INTRODUCTION

The quality of assets held by banks and financial institutions is a critical indicator of the health of the financial system. A high quality of assets reflects the level of bank's credit risk and efficiency in allocation of resources to productive sectors. The quality of assets has been deteriorating in case of both banks and financial institutions which has become ...

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