Business Wire India
  • Co-authored by Prof Arun Kumar, Associate Professor, NU; Mr. Anoop Kumar Sharma & Mr. Ganesh Komma, former students, highlighting exemplary teamwork between faculty & students at NU
  • Draws to light the little-known fact that ‘Good NPAs’ can be profitable for banks
Banking Industry and Non-Performing Assets (NPAs)’.‘NPA - the road ahead’,, Prof V S Rao, President, NU , “I congratulate the authors on successfully putting together a book on a subject that is impacting the banking industry. The book also exemplifies team work and critical thinking that lies at the core of education delivered at NIIT University. Our focus is to impart education that will enable our students to think critically and come up with solutions.”Prof Arun Kumar, Associate Professor, NU and Co Author,Banking Industry and Non-Performing Assets (NPAs),NPA is one of the major challenges that the Indian banking system is grappling with. Besides coming in the way of future bank lending, as banks become over cautious and risk averse, NPAs have impacted the credit growth adversely. This has prompted us to come up with a book highlighting the criticality of the subject.”“To deal with the problem of NPA I would like to propose a deposit scheme with bail-in option wherein the depositors will get risk premium. That is, one to two percent higher interest than the normal depositors and the deposit may be converted into equity in case of bail in. I would humbly request the Hon'ble FM to consider this innovative idea in the forthcoming budget,”Prof Arun Kumar.Industry-linked, Technology-based, Research-driven and Seamless.About NUVisit us at: www.niituniversity.inFollow us on: www.twitter.com/niituniversity
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