Non-Performing Loans: A Cross Country Comparison of Regulatory and Policy Responses
About this ebook
The book offers a comparative analysis of initiatives taken in the UK, India, and Ireland. It examines the regulatory, supervisory, and policy-related measures adopted by these jurisdictions at the macro and micro levels, concluding that these measures alone will not suffice to reduce the proportion of NPLs due to the ever-evolving nature of the financial sector, mainly due to the excessive use of new technology that led to the evolution of new payment methods in the banking business in the recent time. It also shows how these jurisdictions mitigated various issues that emerged due to the COVID-19 pandemic and proposes corresponding measures, which mainly focus on applying new policy and regulatory interventions and structural changes in the institutional framework to address the problem of NPLs more effectively and avoid future downturns.
About the author
Dr. Ayush Dimri is teaching International Banking and Corporate Law at the University of Leeds, United Kingdom. His main responsibilities include teaching, marking, moderating, and supervising dissertations at the UG and PG levels. He was also a Sessional Lecturer at Liverpool John Moores University, Liverpool, UK. He completed PhD in International Banking Law from the University of Leeds in April 2024. He earned his Master's in International Commercial Law from the University of Strathclyde, Glasgow, United Kingdom. He is actively involved in research activities, and his main research areas include insolvency and bankruptcy law, debt restructuring, resolution, and related areas of international banking and corporate law.
