Lessons from NPA s crisis in Indian banks
Bibliographic Data
| ID | 12706136 |
|---|---|
| Authors | Ganesh Kumar Nidugala (0000-0002-6063-449X, Department of Economics Indian Institute of Management Indore Indore India, corresponding author), Abhay Pant (0000-0003-1846-1676, Department of Economics Indian Institute of Management Indore Indore India) |
| Year | 2017 |
| Volume | 17 |
| Issue | 4 |
| Publication date | 2017-08-24 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Public Affairs (JOURNAL) |
| Journal identifiers | ISSN: 1472-3891 • E-ISSN: 1479-1854 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/pa.1672 |
| OpenAlex | W2750202693 |
| Language | EN |
| Citations received | 4 |
| References cited | 4 |
Nonperforming assets (NPAs) crisis in Indian public sector banks is one of the biggest challenges before the current government in 2017. The finance ministry, Government of India, and the central bank, the Reserve Bank of India, are worried about the surging NPAs in Indian public sector banks because of their huge macroeconomic impact and systemic risk to the financial system. If not paid timely attention, it can hamper the economic and financial stability of the nation. Rising NPAs in Indian public sector banks are a result of bank specific, macroeconomic, and political factors. In order to control the surging NPAs in Indian public sector banks, the government and the Reserve Bank of India have implemented new crisis management framework which however is not immune to several challenges. This paper looks at NPAs crisis from the lens of crisis management, stakeholder's engagement, government relations, and issue management. Harris and Fleisher ( ) identify crisis management, stakeholder engagement, government relations, and issues management as important organizational activities that constitute part of public affairs. This paper follows a tripartite structure where it first investigates the causes of NPAs in Indian public sector banks. Second, it examines the crisis management framework developed by the policy makers and highlights the key challenges. Third, in light of these challenges, it makes recommendations to tackle the NPAs crisis in Indian public sector banks
Business · Crisis management · Economic policy · Economics · Economy · Financial crisis · Financial system · Government (linguistics · Management · Political science · Public sector · Stakeholder · Banking stability, regulation, efficiency · Insurance and Financial Risk Management · Islamic Finance and Banking Studies · Public Administration · Finance
| Citations per year | 0.57 |
|---|---|
| Citation span | 2019 - 2024 (6) |
| Highly cited | No |