“A COMPARATIVE STUDY OF THE SARFAESI ACT OF 2002 AND OTHER RECOVERY TOOLS OF NON-PERFORMING ASSETS ”

INTRODUCTION The banking industry in India has seen substantial changes since the start of liberalisation. Interest rates have been cut dramatically. Over time, the bank’s performance has improved somewhat. The increasing number of non- performing assets has been groaning under a mountain of bad debt. However, the condition has improved in recent years. Bank regulators …