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A non-performing loan (NPL) is a bank loan that is subject to late repayment or is unlikely to be repaid by the borrower in full. Non-performing loans represent a major challenge for the banking sector, as they reduce profitability. [1]
Greater autonomy was proposed for the public sector banks in order for them to function with equivalent professionalism as their international counterparts. [11] For this the panel recommended that recruitment procedures, training and remuneration policies of public sector banks be brought in line with the best-market-practices of professional banking systems.
Narasimham was the chair of two high-powered committees on banking and financial sector reforms viz Committee on the Financial System (1991) and the Committee of Banking Sector Reforms (1998). [6] The reforms and recommendations from these committees have become mainstays in the Indian banking and financial sector leading to Narasimham being ...
The first bank to use the bad bank strategy was Mellon Bank, [1] which created a bad bank entity in 1988 to hold $1.4 billion of bad loans. [4] Initially, the Federal Reserve was reluctant to issue a charter to the new bank, Grant Street National Bank (in liquidation), but Mellon's CEO, Frank Cahouet, persisted and the regulators eventually agreed.
Mohammed Bello-Koko (born 25 March 1969) is a Nigerian banker and former Managing Director of the Nigerian Ports a position he assumed on 22 February 2022. [1] Before his appointment as substantive managing director, Bello-Koko was on 6 May 2021, made the acting managing director of NPA when Hadiza Bala Usman was directed to handover to the most senior executive director after she was ...
For example, a national bank generally must limit its total outstanding loans and credits to any single borrower to no more than 15% of the bank's total capital and surplus. [15] [full citation needed] Some state banking regulations also contain similar lending limits applicable to state-chartered banks. [16]
The new public administration (NPA) is a perspective in public administration that emerged in the late 20th century, focusing on more collaborative and citizen-centric approach. It emphasizes responsiveness to public needs, community involvement, and the integration of management and social science principles in public sector decision-making.
At the time of the proposal to merge, the gross NPA ratios of Bank of Baroda, Vijaya Bank and Dena Bank were 12.4%, 6.9% and 22% respectively, [11] and Dena Bank was the weakest among the three in terms of its total business size. [9] The Union Cabinet and the boards of the banks approved the merger on 2 January 2019.