Post a Comment. Want to share anything with us? You can reach us at Gr8 A mbition Z Gmail. RBI defines NPAs as terms loans on which interest or installment of principal remain overdue for a period of more than 90 days from the end of a particular quarter.
The RBI also nationalized good amount of commercial banks for proving socio economic services to the people of the nation. The Public Sector Banks have shown very good performance as far as the financial operations are concerned. If we look to the glance of the financial operations, we may find that deposits of public to the Public Sector Banks have increased. Page no.
The RBI has issued the guidelines to banks for classification of assets into following categories:. These are loans which do not have any problems and are less risky. Such an asset is not a non-performing asset. In other words, it carries not more than normal risk attached to the business.
With the increasing rate of pollution and global warming , it becomes inevitable to switch on conventional sources of energy. Oil is a major cause of pollution as it emits harmful gases which are toxic to the environment flora and fauna. By using non-conventional sources of energy like electricity in our vehicle we can prevent the emission of harmful gases in the environment. According to experts, India will need 1 crore electric vehicle by As we know electric vehicles are cost-efficient too.
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