A Study on Non-Performing Assets at Karnataka State Co-operative Apex Bank Limited
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Date
2018-10-16T10:58:36Z
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Abstract
Non – performing assets is one of the major concern for the bank .The NPA reflects the performance of the bank .The high level NPA suggests high probability of a large number of credit defaults that affect the probability and net worth of the Bank and also the value of the asset in the Bank. A non-performing assets is a credit facility in respect of which ,interest and installment principal has remained past due for a specified period of the time . NPA is a short form of “NON-PERFORMING ASSETS”.
NON-PERFORMING ASSETS means the debt which is given by the bank is unable to recover it is called NPA. A NPA account in the books of accounts in an asset as it indicates the amount receivable who fails to fullfill the obligation .It means if any bank gives loan to the customer if the interest/installment of that loan is not paid by the customer with in 90 days then that account is called as NPA account.
An amount due under any credit facility is treated as past due when it is not been paid within 30 days from the due date . With a view to improvement in the payment and settlement system,recovery climate and up gradation of technology in the banking system .It was decided to dispense with past due concept with effect from March 31,2001.Accordingly as from that date
,a Non – performing asset shell be an advance where
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Sanjana G T, 1NZ16MBA54