IN THE LAST FEW YEARS, THE INDIAN BANKING SECTOR HAS LANDED IN A CRISIS SITUATION. FROM BEING WEIGHED DOWN WITH THE NON-PERFORMING ASSETS, ACQUIRING SUBSTANTIAL LOSSES AND INCAPABLE TO ENDURE CREDIT GROWTH, ADVOCATES THAT SOMETHING HAS GONE HORRIBLY WRONG IN THE BANKING SECTOR AND NEEDS TO BE FIXED AT THE EARLIEST.
CURRENT SCENARIO
The Public Sector Banks have dominated the Indian banking sector by a market share of roughly 70% of total banking assets. In the recent decade, the banking sector has witnessed very little activity as only 15 licenses have been allotted to the universal banks, which was an adequate number for a rapidly growing economy.
The biggest contributors to the huge rising stock of non-performing assets (NPA’s) are the Public Sector Banks (PSB) with a share of 90% of the total stock. The ever increasing NPA’s have affected the health of PSBs that has resulted in their declining lucrativeness which hit rock bottom for the very first time in 2016.
HIGHER SHARE OF NON-PERFORMING LOANS
Diese Geschichte stammt aus der June 2018-Ausgabe von Mad About Money.
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Diese Geschichte stammt aus der June 2018-Ausgabe von Mad About Money.
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