Q. How to stop pile of NPA in indian PSU banks?
nishant.j.goswami

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How to stop pile of NPA in indian PSU banks?

Report says , there are 26 banks which has reported 7.31 lakh crore INR as NPA for Q4.


policy economics banking npa
2

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22

May, 2018

Banking
 36.5 q
2 Answers
  • amjad

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  • pearljam

    NPAs can be reduced by adapting some of practices as follows :
    1- Proper KYC.
    2- Financial satements to be scruitinised thoroughly.
    3- Follow-up of the activities for which advances granted for, periodically.
    4-Financial status can be figured by other agencies, so get info from them.
    5-Looking for securities as per the requirement.
    6- Put confidence into the borrower and ready to get help if any, he needs.


       

    answered by

      1.56 q

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