+919892855900 202 Dhun Building, Janmabhumi Marg, Fort, Mumbai-400001 info@npaconsultant.in
Your Guide in Crisis

Dr. Visswas ( Ex. Banker)
B.Com, LL.B., M.A. (Eco.),
ACS, A.I.I.A. (USA), Ph.D. (U.K)

Monday-Saturday

(10.30 AM to 6.30 PM)

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We have heard a lot about the insolvency and bankruptcy code bill passed in the parliament, but very few people know about it at length. There is a lot of confusion and misunderstandings about it. Some people feel that it is very much necessary and important whereas many people consider it just another code which has hardly...

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NCLT or National Company Lat Tribunal was the recent news headline sensation as the Reserve Bank of India or RBI listed several big Non Performing Assets or NPA accounts and started the insolvency procedure. It is certainly an additional responsibility on the shoulders of NCLT, but with the increases in the infrastructure...

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There was a big round of applause and cheerful welcome to the insolvency and bankruptcy code passed by the parliament last year. Yes, it was seen as an effective tool to overhaul the existing system that deals with cases of an individual, corporate, partnership firm or big corporate house facing the problem...

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Non performing asset (NPA) and bad loans are two major problems in front of the banking industry in India from ages. There have been several measures implemented to keep it under control, but hardly any effect has been visible. Still, npa account settlement is a major bottleneck in the financial world. Recently...

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A robust banking sector is the backbone of the economy, thus failure of the banking sector may result in an adverse impact on other sectors. Non-performing assets are one of the major concerns for banks in India. Higherthe level of NPAs, it suggests more likelihood of credit defaults that affect the productivity...

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The banking industry follows a traditional pattern of business, which majorly involves acceptance of deposits and channelizing these deposits into lending activities. The credit banks receive from the depositors, have to be repaid to them by the bank, which are called as ‘Liabilities’, whereas the loan...

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We have discussed in our previous blog, about how Banks harass the NPAs for recovery, instead of extending them the required support to regain the lost position. Banks fail to understand that an NPA who is lending his/her residential property as collateral to them, is a genuine borrower & does not intend to cheat the bank...

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Banks generally tend to think of NPAs as unworkable units and thus try to close the account permanently by taking terminal measures. It’s high time for banks to shed their traditional mindset. They must realize that NPAs are not unworkable units & should consider a fair chance for them. NPA’s are certainly not willful defaulters & they most certainly want to run their business units..

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In the last blog, we disused the remedies for easing the plight of NPAs by proposing rehabilitation banks. In this blog, we will discuss another solution ’ Management Agreement Contracts’. Management Agreement Contracts will enable NPAs to turn around and bring them in a sound position, enable them to repay the credit advances & take charge of their business...

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