Volume : V, Issue : XII, January - 2016 STRESSED ASSET QUALITY AFFECT THE FUNDAMENTAL VALUE: A STUDY ON INDIAN PUBLIC SECTOR BANKJiban Kumar Parida , Susant Kumar Baral By : Laxmi Book Publication Abstract : In present scenario, the banking sector acts as the catalyst for the country’s economy by playing a crucial role in providing financial resources (capital-intensive sectors) .In emerging economies, banks are more than mere agents of financial intermediation with additional responsibility of achieving the government’s social agenda also. The issue of NPA acceleration is giving jolt to banking sector particularly in Countries like India where Gross NPA levels in the Indian banking system will reach an unparalleled 4.4 per cent in March 2014 compared with 2.09 per cent in 2008-09. A high level of NPAs shows large number of credit defaults in turn affect the profitability, liquidity and net-worth of banks and also erodes the value of the asset. In case of Public sector banks, it has displayed outstanding financial operations. However, the only problem of these banks is the increasing level of nonperforming assets, year by year. Present study focuses on the NPA and its effect on stock’s value in the Indian banking industry. There are many research conducted on the topic of Non- Performing Assets (NPA) Management, concerning particular bank, comparative study of commercial banks etc. but this paper considers the aggregate data of public sector banks and attempts to emphasize NPA’s impact on fundamental value from the year FY2011 -FY2015. Keywords : Article : Cite This Article : Jiban Kumar Parida , Susant Kumar Baral (2016). STRESSED ASSET QUALITY AFFECT THE FUNDAMENTAL VALUE: A STUDY ON INDIAN PUBLIC SECTOR BANK. Indian Streams Research Journal, Vol. V, Issue. XII, http://isrj.org/UploadedData/7590.pdf References : - banking reforms? International Review of Economics, 56(1), 47-84.
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- efficiency: Evidence from commercial banking. Journal of Law and Economics, 41(1), 239-
- 273
- Balasubramaniam, C.S. (2001), ‘Non-performing assets and profitability of commercial banks in India: assessment and emerging issues’, Abhinav Journal, Vol.1,Issue no.7, ISSN 2277-1166
- Narasimham, M (1998). Report of the Committee on Banking Sector Reform. Mumbai: Reserve Bank of India.
- efficiency: Evidence from commercial banking. Journal of Law and Economics, 41(1), 239-
- 273
- Ghosh.S and Ghosh.D (2011) “ Management of Non-Performing Assets in Public Sector Banks: Evidence from India” International Conference on Management (ICM 2011)
- Khan, M. Y. and Bishnoi, T.R. (2001 Jan). Banking crisis and financial reforms: Lessons for India. Chartered Secretary: 44 - 48.
- Bhatia (2007), ‘Non-Performing Assets of Indian Public, Private and Foreign Sector Banks: An Empirical Assessment’, ICFAI Journal of Bank Management, Vol. 6, No. 3, pp. 7-28.
- Vallabh, G., Mishra, S. and Bhatia, A. (2007), Non-Performing Assets of Indian Public, Private and Foreign Sector Banks: An Empirical Assessment, Icfai Journal of Bank Management, Vol. 6, No. 3, pp. 7-28, August 2007.
- Arora, U., & Verma, R. (2007). An analysis of operational and productivity efficiency of public sector banks in India. Finance India, 21(1), 167-176.
- Balasubramaniam, C.S. (2001), ‘Non-performing assets and profitability of commercial banks in India: assessment and emerging issues’, Abhinav Journal, Vol.1,Issue no.7, ISSN 2277-1166
- Narasimham, M (1998). Report of the Committee on Banking Sector Reform. Mumbai: Reserve Bank of India.
- Jayaratne, J., & Strahan, P. E. (1998). Entry restrictions, industry evolution, and dynamic
- banking reforms? International Review of Economics, 56(1), 47-84.
- Arora, U., & Verma, R. (2007). An analysis of operational and productivity efficiency of public sector banks in India. Finance India, 21(1), 167-176.
- Kanika Goyal (2010) “Empirical study of Non-Performing Assets Management of Indian Public Sectors Banks” APJRBM vol.1, Issue 1 (Oct.2010) ISSN 2229-4104
- banking reforms? International Review of Economics, 56(1), 47-84.
- Balasubramaniam, C.S. (2001), ‘Non-performing assets and profitability of commercial banks in India: assessment and emerging issues’, Abhinav Journal, Vol.1,Issue no.7, ISSN 2277-1166
- Khan, M. Y. and Bishnoi, T.R. (2001 Jan). Banking crisis and financial reforms: Lessons for India. Chartered Secretary: 44 - 48.
- Khan, M. Y. and Bishnoi, T.R. (2001 Jan). Banking crisis and financial reforms: Lessons for India. Chartered Secretary: 44 - 48.
- Bhatia (2007), ‘Non-Performing Assets of Indian Public, Private and Foreign Sector Banks: An Empirical Assessment’, ICFAI Journal of Bank Management, Vol. 6, No. 3, pp. 7-28.
- Vallabh, G., Mishra, S. and Bhatia, A. (2007), Non-Performing Assets of Indian Public, Private and Foreign Sector Banks: An Empirical Assessment, Icfai Journal of Bank Management, Vol. 6, No. 3, pp. 7-28, August 2007.
- Kanika Goyal (2010) “Empirical study of Non-Performing Assets Management of Indian Public Sectors Banks” APJRBM vol.1, Issue 1 (Oct.2010) ISSN 2229-4104
- Ghosh.S and Ghosh.D (2011) “ Management of Non-Performing Assets in Public Sector Banks: Evidence from India” International Conference on Management (ICM 2011)
- Ghosh.S and Ghosh.D (2011) “ Management of Non-Performing Assets in Public Sector Banks: Evidence from India” International Conference on Management (ICM 2011)
- Kumar, S., & Gulati, R. (2009). Did efficiency of Indian public sector banks converge with
- efficiency: Evidence from commercial banking. Journal of Law and Economics, 41(1), 239-
- 273
- banking reforms? International Review of Economics, 56(1), 47-84.
- Kumar, S., & Gulati, R. (2009). Did efficiency of Indian public sector banks converge with
- Arora, U., & Verma, R. (2007). An analysis of operational and productivity efficiency of public sector banks in India. Finance India, 21(1), 167-176.
- efficiency: Evidence from commercial banking. Journal of Law and Economics, 41(1), 239-
- 273
- Jayaratne, J., & Strahan, P. E. (1998). Entry restrictions, industry evolution, and dynamic
- Kumar, S., & Gulati, R. (2009). Did efficiency of Indian public sector banks converge with
- Kumar, S., & Gulati, R. (2009). Did efficiency of Indian public sector banks converge with
- Narasimham, M (1998). Report of the Committee on Banking Sector Reform. Mumbai: Reserve Bank of India.
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