Introduction The banking sector plays a crucial role in the economic growth and financial stability of any nation. Banks act as financial intermediaries, mobilizing deposits from the public and lending them to businesses, individuals, and the government. However, the smooth functioning of banks depends on the recovery of the loans they extend. When borrowers fail…
Introduction The Reserve Bank of India (RBI) is the apex financial institution of India and serves as the cornerstone of the country’s banking and financial system. Established on April 1, 1935, under the Reserve Bank of India Act, the RBI was nationalized in 1949 to align with India’s economic priorities. Over the decades, it has…
Introduction The stability and efficiency of a nation’s banking sector are crucial for its economic growth and development. In India, the rising volume of Non-Performing Assets (NPAs) has emerged as a major challenge, undermining the performance and credibility of the banking system. NPAs not only impair the profitability of banks but also restrict their capacity…