NPA status of Indian banks in pre and post liberalization era
The banking and financial sector network of a nation is crucial to its economic development in the rapidly shifting global economy of today. By stimulating multiple economic activity across the nation, the banking industry contributes to the overall economy's strengthening. The free flow of capital in the economy, which serves as a source of fuel for economic expansion, is ensured by banks. Thus, the speed of economic development can be impacted by the effectiveness of a nation's financial system. As with any other economic organisation, efficiency of a bank is determined in part by profitability and asset quality. India is a social democratic nation, hence many of the national and state governments' policies are based on social beliefs. One of the main forces driving India's economic expansion is the banking sector. Even in the days when the rest of the globe was struggling with a financial catastrophe, the Indian banking system has made exceptional progress over the last few of years. Over the past two decades, the Indian banking system has changed as a result of India's profitable development and financial sector liberalisation. Non-performing assets are currently a problem for all banks, including Indian institutions. The study's goals were to compare the pre- and post-liberalization situation of non-performing assets in Indian banks. The magazine, newspaper, Google, and other sources gathered the secondary data.