Furthermore, the non-performing assets (NPAs) arising out of priority sector lending, which is in the nature of directed lending and those covered by the Bureau of Industrial and Financial Restructuring (BIFR) together account for well over fifty per cent of total non-performing assets of the banking system.
One recent trend that we have observed is that some issuers have sought to move away from dual-network debit cards to issue single-network cards, with no eftpos functionality. This may be partly in response to financial incentives from the international schemes and possibly the additional costs to issuers from supporting two networks on a card.