123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Best Npa Financial Services

Profile Picture
By Author: NPA Consultant
Total Articles: 39
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

The lockdown situation post-March 2020 has impacted every sector. The short-term impact everybody has seen, but economists say that the long-term effects will be far more severe than expected.

It has been observed that almost half of the outstanding bank loan accounts opted for a moratorium, the relief measure declared after a lockdown in India.

It is estimated that despite that NPA in india will show a surge in the coming years. The gross NPA ratio of all commercial banks will rise up to 12.5 percent by the end of the financial year. It means, there will be strong measures required to improve npa management.

RBI draws a further gloomy picture by speculating the NPA ratio reaching up to 15 percent.

What could happen in the future?

The actual impact of the moratorium is still unrated. It is uncertain and evolving. How it will affect ultimately is unknown. However, one thing is sure that banks need to strengthen the npa recovery process further to minimize the impact.

Experts believe that the pandemic has the capacity of amplifying the financial vulnerability much higher than expected ...
... earlier. If major economic contraction happens, then corporate and household debt burdens may increase further.

The impact is global and not limited to specific sectors. From the service sector to the retail loan sector, construction, retail, or gems and jewelry; everything will see a downfall.

Increasing disputes will result in more cases getting registered with nclt lawyers Mumbai.

It is certain that npa financial services will have to work hard to keep the situation under control. The efforts will have to be from both sides. At one side, it is important that liquidity increases in the market. On the other side, efforts will be needed to encourage the borrowers to repay the loan without fail.

It is easier said than done because fiscal revenues will see a hit due to lockdown and other disruptions. Also, expenditures will be under strain. There will be a tendency to delay the expenses.

With other things, bank credits will also get weakened further in the second and third quarters despite unlocking phases one, two and further.

With the increased cases of NPA and NPA-related disputes, DRT lawyers will have to deal with more disputes.

In short, the downfall will be far severer than estimated earlier. Several hidden impacts will come out subsequently. It is important that strong and effective steps are taken to tackle the problem.

Total Views: 51Word Count: 401See All articles From Author

Add Comment

Business Articles

1. Stable Isotope Labeling Market Growth By Application, Type, End User - Forecast 2024
Author: Rosy Wills

2. Peripheral Vascular Devices Market : Future Opportunities, Key Players And Industry Growth
Author: Markets and Markets

3. Never The Mother The Mother Of The Bride But They Were Always Her Daughters
Author: Bisli Event Services

4. Self-care For Ifv: Tips To Improve Your Chances Of Fertility
Author: seedsivf

5. Want Relief From The Polluted Atmosphere And Concerned About Health? Marma Ayurveda's Lungs Ayurvedic Medicine Is Now Just A Click Away
Author: KunalTripathi

6. Hoovers Database Service Provider Company In Dubai | Dnb Uae
Author: Fahad Santa

7. Venipuncture Procedure Analysis Market Evolving Opportunities With Innovative Ideas By Key Players |2020-2027
Author: DBMR

8. Wisa Launches Wisa Soundsend Certified Progra
Author: Dealerscope

9. Sphygmomanometer/aneroid Bp Monitor Market Facts, Figures And Analytical Insights During Forecast Period 2019 To 2026
Author: DBMR

10. Hearing Aids Market: Technological Advancements In Hearing Aids
Author: healthcare market

11. Profiling The Audio System Buyer
Author: Dealerscope

12. Tout Savoir Sur Le Procédé De L’injection Plastique
Author: L’injection plastique connaît un grand succès depu

13. Infection Prevention Devices Market Growth At A Cagr Of 6.20% In The Forecast Period Of 2019 To 2026
Author: DBMR

14. Flourescent In Situ Hybridization (fish) Probe Market Share, Industry Trends, Size, Revenue, Demand, Growth Analysis, Top Leaders: Agilent Technologie
Author: DBMR

15. Know The Advantages Of Using Plastic Pallets
Author: Charles Saranealis

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: