International Journal of Professional Development ISSN: 2277-517X (Print), 2279-0659 (Online) Vol.3,No.2,July-Dec. 2014 NON-PERFORMING ASSETS MANAGEMENT IN PUBLIC SECTOR BANKS Dr. Laxmi Gupta Saraswati Mahila Mahavidyalaya Palwal Distt. Palwal, Haryana, India – 121102 Email:
[email protected] ABSTRACT: Non-Performing Assets can be defined as Assets which do not directly contribute to the bank’s profitability. If an asset ceases to yield income for the bank, it ceases to be the performing asset and has to be treated as a Non-Performing Asset. The three letters strike terror in banking sector and business circle today. All the public sector banks are facing the problem of Non-Performing Assets (NPA) which requires recovery measures to increase the profitability as well as good image for these banks. In the present paper the results of a study on Non-Performing Assets (NPA) Management in Public Sector Banks (PSBs) of District Palwal have been presented. Keywords: NPA, Bank, Asset, SARFAESI, Recovery INTRODUCTION: reduce the profitability of a bank, weaken its At present there are 28 public sector banks (PSBs) financial health and erode its solving. The banks consisting of the State Bank of India (SBI), its 7 and financial instructions have to take the subsidiaries and 19 Nationalized Banks and the initiative to reduce NPAs in a time bound IDBI Bank Ltd. These 28 public sector banks are strategic approach. On the basis of the finding of the backbone of the Indian economy which are the proposed work, some remedial measures have playing a vital role in providing credit facilities in been suggested for the better management of rural, semi-urban and urban areas.