Non-Performing Assets (NPAs) in banks are influenced by a combination of macroeconomic factors, bank-specific lending practices, legal and regulatory environment, and reporting standards.
An upsurge has been seen in the NPAs (non- performing assets) of public sector banks recently. Select the correct factors responsible for it. Lower economic growth in the country Aggressive lending by banks in the past, especially during good times Lack of right loan recovery legal provisions Banks switching over to a system based identification of NPAs
Asked in GPSC Prelims CSP 2 2019 · Topic: Money & Banking (Banking Sector Reforms: Basel Norms, Asset Quality Review (AQR), and NPA Management)
More Economic Development questions
- To reduce the Non-Performing Assets, Government of India followed 4R strategy, the 4Rs Indicate __________.
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- What was the Narasimhan Committee 1991 related to ?
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- Who among the following was the Chairman of the Committee on Financial Sector Assessment (CFSA) set up by the Government of India and the Reserve Bank of India in 2006 to undertake a complete health checkup of the country's financial sector ?
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