Indicators of Bad Loans

Banks and other financial institutions don’t have to worry about possible risks gone ignored and missing out on important details regarding the clients no more. EWS (Early Warning Signals) sends in an alert on what could possibly go wrong and helps rectify the same. This minimizes the possibility of customer defaults with the constant evaluation…

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One cannot comprehend an economic and industrial growth without a healthy banking industry- our latest NPA Management product “NEPTUNE”

When the recession hit the world economies a few years ago, at least some large economies stayed afloat- the reason being their strong banking system. But not very late from then when the Indian banking system saved the economy from catastrophic sabotage came the big bad news of non-performing assets. Lakhs of crores clogged the…

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Early Warning Signals – How Banks can Take Control of NPAs?

The year 2008 financial crisis was no less than a roller coaster ride for the banking industry. The non-performing assets in public and private sector banks soared and impacted directly on the banks’ portfolio. Banks and other financial institutions (FIs) soon realised that they need to be more alert and proactive in maintaining their asset…

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Loan defaults and NPA account settlements

In an effort to fulfil their aspirations and desires, people tend to take loans to buy a house, car etc. But for some, repaying these loans often becomes an uphill task. Non-repayment of loans certainly results in consequences for borrowers, more so, it affects the banks’ profitability in an adverse way. While it becomes a…

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5 Ways Litigation Management System (LMS) help Banks in dealing with NPA

Litigation and Legal Management Systems are designed to help banks and financial institutions by automating their recovery processes and seamlessly accessing legal information about borrowers, NPA accounts, bank’s recovery etc. LMS is used to manage and automate all the legal proceedings in banks. It is responsible for issuing notices to defaulters, reminding court hearing, managing…

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