COLLATERAL MISMANAGEMENT AND INCREASING NPA’s

1. BACKGROUND/OVERVIEW “Borrow Rs.100 from a bank, it’s your problem. Borrow a hundred million it’s the banks problem” Debt is classified as an NPA (Non-Performing Asset) when loan payments have not been made for a period of 90 days. It was RBI’s independent initiative to conduct a review of the NPA monitoring system during the … Continue reading COLLATERAL MISMANAGEMENT AND INCREASING NPA’s

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How Airbed & Breakfast became Airbnb ?

"Creativity is the solution to all problems"- Brian Chesky , co Founder and CEO at Airbnb For those who don't know, Airbnb is an online marketplace where people can lease or rent short term lodging. The $31 billion company does not own any lodging but is merely a broker. So how did two unemployed friends(3 … Continue reading How Airbed & Breakfast became Airbnb ?