MANAGING NPASIN THE BANKING INDUSTRY – AN EMPIRICAL STUDY

Abstract

The SARFAESI Act was passed in year 2002 to legalise securitisation and reconstruction of financial assets and enforcement of security interest. This study attempts to find ways and managing NPAs in the banking industry. Results reveal that it is found that there is an association between the measures to overcome NPAs and age group and monthly income. It implies that different age group and different monthly income loan officers have perceived different type of notions towards the measures to overcome NPAs. The researcher concludes that RBI should create a centralized unit for processing the loan applications, documents and for evaluation pertaining to loans.