NPA= Non performing asstes..i.e. the recovery of interest and the capital is potentially doubtful. UPA= Unperforming or under performing alliance...means the recovery of country and the economy is highly doubtful in their hands.
Do whatever u like to promote the housing sector and increase in prices, which has become a focus due to the nexus between the politicians, the realty companies, the banks and the several newly turned land businessman from the political parties and mighty dynastic families. The norms for coverage have been changed to facilitate further liquidity and new loans..what I visualize is, if there happens a change after the forthcoming general elections the same bankers will start crying about the critical economic conditions and might start failing.
In August 2012, the Zurich-based bank Credit Suisse released a report that pointed out 10 Indian business groups, each owned by a different forward caste family, owed Rs 5.4 lakh crore to Indian banks.
The Govt Banks should warn the investors about their rising NPA's before accepting Fixed Deposits. This warning should be givin in writing to the investors of the fixed deposits and their acknowledgement obtained before the fixed deposit is accepted by the Bank. This feature will make the depositors more aware of the risk they are taking in depositing the money in the bank