Non- Performing Assets (NPAs) are loans which haven’t been recovered by the banks. This issue has been plaguing the banking sectors as it results in a huge decline in their profits. NPA problem is making all financial institutions from public banks to RBI scratch their heads but the issue is far from getting resolved. The latest report of June 2016 reveals that the total amount of Gross Non-Performing Assets (NPAs) for public and private sector banks is around Rs. 6 lakh crores.
You know the NPA problem has become serious when you can see how much can actually be done with the unrecoverable loans. Take a look at what all can be done with the NPA money: