ARCHIVES
VOL. 2, ISSUE 3 (2015)
Trends in the priority sector advances of public sector banks and SARFAESI Act 2002
Authors
Arti Bhola
Abstract
There is large contribution made by the Public Sector Banks (PSB's) in Indian economy, such as agriculture, various industries, trade and employment and infrastructure. The ever increasing trends in deposits and credits affect the performance of Indian Banks. The loans/advances are an important source of income for the banks. The strength and soundness of the banking system primarily depend on the quality and performance of the loan portfolio, i.e. the fulfillment of obligations by borrowers promptly. The banking sector reforms in India during the post-liberalization period, mostly focused on improving the efficiency of the banking sector by incorporating prudential norms for income recognition, asset classification and provisioning and through integrating international standards. Despite the various prudential measures taken from the post – liberalization period, the non-performing assets still pose an important threat to the very existence of banking. There is increase in the priority sector advances due to increase in the NPAs in the public sector banks. In this research a modest attempt made to analysis the trends in the priority sector advances of public sector banks. The trends in the agriculture sector, small scale industries and other priority sector advances also analyzed. Statistical techniques like arithmetic mean, standard deviation and T-test have been employed for the analyses of data.
Download
Pages:912-915
How to cite this article:
Arti Bhola "Trends in the priority sector advances of public sector banks and SARFAESI Act 2002". International Journal of Multidisciplinary Research and Development, Vol 2, Issue 3, 2015, Pages 912-915
Download Author Certificate
Please enter the email address corresponding to this article submission to download your certificate.
