Indian banking industry is plagued by continuously increasing Non-Performing Assets (NPAs). Fresh accretion to NPAs is an important reason for its poor performance as it requires higher provisioning and also higher write-offs—both affecting the overall performance adversely. In this backdrop,...

With the objective of reaping the benefits of both the smallness and bigness, large-scale organizations divisionalize their operations into a few segments (divisions, departments, etc.). After providing the necessary facilities and powers to these divisions, they are made accountable for the...