Journal Press India^®

Author Details ( * ) denotes Corresponding author

A consistent increase in Non-performing assets (NPA) in the financial statements of various public sector banks has put several questions before policy makers and regulatory institutions with regard to functioning of banking system in India. Besides reflecting deteriorating financial health of banks, it also restricts the liberty of banks in adopting new strategies towards growth. Rather banks are required to adopt conservative approach in sanctioning new loans till the problem of NPAs is reasonably resolved. This study examines the growth of NPAs during the period 2001-02 to 2012-13 in public sector banks in India and the effectiveness of Lok Adalats, Debt Recovery Tribunals and SARFAESI Act, 2002 in solving the problems of NPAs.

Keywords

Non-performing assets; Lok Adalats; Debt recovery tribunals; SARFAESI Act; Public sector banks

1. Gurumoorthy, T.R. &, Sufha, B. (2012). Non-performing assets: A study with reference to public sector banks. Indian Journal of Applied Research, 2(2), 7-9.
2. Jain, V. (2007).  Non-performing assets in commercial banks. London, U.K.: Regal Publications.
3. Joshi, A. (2003). Analysis of NPAs of IFCI Ltd. Social Science research Network (SSRN) Retrieved from https://ssrn.com/abstract=2810785
4. Joshi, N. C. (2000). Urgent need for recovery of debts. Civil Services Chronicle, 5(10), 25-27.
5. Kumar, A. (2017). A study on effectiveness of recovery channels for the recovery of NPAs: A case study on scheduled commercial banks in India. International Journal of Recent Scientific Research, 8(3), 16200-16205.
6. Laveena &, Guleria, K. S. (2016). A Study of Non-Performing Assets of Public Sector Banks in India. International Journal of Research in Engineering, IT and Social Science, 6(4), 26-34.
7. Mahajan, P. (2014). Non-performing assets: A study of public, private and foreign sector banks in India. Pacific Business Review International, 7(7), 9-16.
8. Rajeev, M. &, Mahesh, H. P. (2010). Banking sector reforms and NPA: A study of Indian commercial banks. Institute for Social and Economic Change Working Paper-252.
9. Rao, M. &, Patel, A. (2015). A study on Non-performing assets management with reference to public sector banks, private sector banks and foreign banks in India. Journal of Management and Science, 5(1), 30-43.
10. Satpal. (2014). A comparative study of Non-performing assets in public and private sector banks in the new age of technology.  International Journal of Current Engineering and Technology, 4(4), 2468-2475.
11. Shalini, H.S. (2013).  A study on causes and remedies for NPAs in Indian public sector banks with special reference to agricultural development branch, State Bank of Mysore. International Journal of Business and Management Invention, II(1), 26-38.
12. Sharma, M. (2001). NPA management redefined. Indian Management, February 01. Retrieved from https://ssrn.com/abstract=2810849
13. Singh, V. R. (2016). A study of Non-performing assets of commercial banks and its recovery in India. Annual Research Journal of SCMS, 4(3), 110-125.
14. Singla, H.K. (2008). Financial performance of banks in India. The ICFAI Journal of Bank Management, 7(1), 50-62.