Gross NPA% of Scheduled Commercial Banks have increased to 9.1% as on September 30, 2016 as against 7.8% as on March 31, 2016 (Source: RBI Financial Stability Report, December 2016). Given the large quantum of NPAs at the system level and its likely impact on earnings, capital and morale of the staff, it is imperative that the management classifies the NPAs based on best possible solution and then develops the specific teams and targets around the classification.
FairConnect can help the lender / investor with Stressed Asset check to design / finetune the collection strategy.
