Published Paper Details:

Abstract: Any country's economic growth is based on having a robust and financially sound banking industry. By collecting deposits and distributing loans in accordance with the nation's socio-economic priorities, banks help the public mobilize their savings. In order for agricultural and industrial units, MSMEs, and the service sector to operate profitably and contribute to economic growth, banks and other financial institutions offer financial help in the form of advances. In India, banks are seeing a sharp rise in non-performing assets (NPAs) in the wake of the 2008 financial crisis, which is impacting their profitability and efficient operations, especially in public sector banks, which make up 70% of the banking system. Even though the Reserve Bank of India and banks have taken several initiatives to address the NPAs issue, the Indian economy is still concerned about it. The definition of non-performing assets, different forms of NPAs, and how NPAs affect Union Bank of India's turnover ratios are all discussed in the paper. In this paper, the effect of NPAs on UBI turnover ratios will be examined.