Nonperforming Assets Threaten Indian Banks, Risking Business Closures.
The article discusses how banks in India face challenges when borrowers do not repay loans on time, leading to nonperforming assets. These assets can harm the bank's performance and even lead to closure. The researchers analyzed data from the Reserve Bank of India to study nonperforming assets in different sectors. They found that a systematic regulatory mechanism is needed to control nonperforming assets for the smooth operation of banks.