A STUDY ON NON-PERFORMING ASSETS OF AXIS BANK
Mr. A. David , Mr. M. Siva Sarathi
Department of Commerce with Professional Accounting, Dr. NGP Arts and Science College, Coimbatore-641035
The non-performing assets (NPAs) of Axis Bank have been a significant concern for the bank and its stakeholders. NPAs refer to loans and advances that have not been serviced for a certain period of time and have thus become overdue. This paper provides an abstract overview of the NPAs of Axis Bank, analysing the causes, impacts, and management of NPAs by the bank. The paper examines the macroeconomic factors that have contributed to the rise in NPAs, including the slowdown in the Indian economy, changes in the regulatory environment, and the impact of the COVID-19 pandemic. It also looks at the internal factors such as credit underwriting, risk management, and loan monitoring, which have contributed to the banks NPA problem. The paper highlights the impact of NPAs on the banks profitability, liquidity, and reputation. Finally, it reviews the strategies and measures taken by Axis Bank to manage its NPAs, including loan recovery, resolution, and restructuring, provisioning, and credit risk management.
Journal Name :
EPRA International Journal of Research & Development (IJRD)
Published on : 2023-07-10