Strengthen NPA database: RBI

Reserve Bank of India has said there was a need to strengthen the database non-performing assets (NPA) through more effective utilisation of the existing data systems of banks. ".... The need to strengthen the database on areas like regional and sectoral distribution of non-performing assets through more effective utilisation of the existing data systems of banks," the RBI said in a notification on Wednesday. Recently, in a conference (Annual Statistics Conference 2012) held at Chandigarh, the RBI deliberated on issues in coverage of banking data, need for its improvement and develop micro-level, granular and consistent data to enhance its utility in policy making.