A Study on Causes of Non-Performing Assets and Its Prevention and Measures of Industrial Development Bank of India Ltd. with Reference to Gorakhpur Branch
5 Pages Posted: 31 Dec 2018
Date Written: January 5, 2019
The banking industry is the financial backbone of our Indian economy without which the growth of our country is not possible because all the financial activities or day to day transactions of different sector of any country takes place through banks and failure of banking sector humpers the working of these sectors which restricts the growth of industries.
Non-performing Assets is blending of three words although the word is very small but the problem is very devastating and so is a burning problem in today’s scenario. NPA basically means that amount of assets of a bank which neither generates any profit nor that amount of assets is recoverable. The amount of NPA is more in public sector and at present Industrial development bank of India ltd. is on the top with a huge amount of NPA increasing day by day. Increase in NPA of any bank affects the goodwill of any bank in the eyes of public and ultimately the bank suffers loss which also affects the functioning of an economy. In this paper with the help of data of IDBI GORAKHPUR BRANCH effort has been made to know the concept of NPA, causes of sharp increase in NPA and measures to tackle the problem of NPA.
Keywords: non-performing assets, Indian economy, growth of industries
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