It has been reported that the growing NPAs in the banks are posing great challenges. The NPAs have become a serious problem for the banks. Managing director and CEO of the South Indian Bank reported that lenders and bank are ready to fasten up the lending but is it important to focus on the credit risk.
It is expected that govt. recover from the crisis in the future. . The government and the RBI are taking steps towards this end. However the situation this time is similar to what we have faced in 1995-96.
Over the felicitation function organised jointly by State Forum of Bankers’ Clubs (Kerala) the generals and chiefs of the different banks had a talk. They also stated that declining credit solution process is a major challenge for banks. Zonal manager of the corporation bank along with the SBI Chief General Manager (retd) P. Venugopal and Axis Bank Circle Head E. Govindankutty were present at the function.