YH Malegam, country's finest chartered accountant and foremost financial expert, in an interview to CNBC-TV18‘s Latha Venkatesh opens up on why banks are still struggling with non-performing assets (NPA). Along the way, he offers solutions on how to stop the loans from going bad.
Any item of property owned by a company, regarded as having value and with the expectation that it will provide future benefit is termed as Asset.