THE BANKPEDIA

  Sustainability has become a buzz word among the organizations now with most of the organizations trying to set up their sustainable development goals as a part of the organizational goals (Rafi, Why sustainability is crucial for corporate strategy ) . Sustainability has become increasingly crucial for the organization to remain relevant and competitive in the market. It may require organizations to make changes in they way they operate like digital transformation. Sustainability for organization has 3 pillars which are a) Environmental b) Social c) Governance .   Why is it important for Organizations? Implementing sustainability for the organization have proven to attract top talent, reduce costs and improve the profits for the firm. Firms also face pressure from stakeholders such as investors, regulators, and consumers to implement sustainability in their corporate strategy (Rafi, Why sustainability is crucial for corporate strategy ) . Sustainability strategy motivate organiz

  ( Non-performing loan (NPL) 2022) A Non-performing loan is a loan in which the borrower has defaulted the monthly principal and interest payments for a specific period. This happens when the borrower does not have enough money to make repayments or gets into a situation which makes it difficult for them to continue with the repayment towards the loan. Generally, loans are classified as non-performing loans when more than 90 days have been passed with borrower not paying the agreed interest or instalments. However, when the borrower starts repaying the loan that has been classified as non-performing loan, non-performing loans become a re-performing loans. Why are Non-performing loans (NPL) a problem for the bank? They impact the banks in the following ways (Bank, What are non-performing loans (npls)? 2021) : ·          NPL curtail the profitability of banks because they generate losses which reduces the bank’s earnings from their credit business. ·          To prepare for thes