Jun 23, 2024
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Public Sector Undertaking (PSU) banks play a pivotal role in India’s banking sector, commanding a significant market share and fostering financial inclusion across the country.
However, the sector has been plagued with high NPAs since many years.
What are NPAs?
NPAs or non-performing assets are loans or advances issued by banks or financial institutions that no longer bring in money for the lender.
This is because the borrower has failed to make payments on the principal and interest of the loan for at least 90 days.
Non-Performing Assets (NPAs) are critical,…
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