A popular adage goes thus – a stitch in time saves
nine. And this is exactly what comes to my mind when I think of some of the
services extended at C-Edge Technologies. We have modelled few services so that
our clients, mostly banks, are safe guarded from debilitating losses in the
future – especially due to NPAs. Our products and services such as …..help
banks to take informed decisions to safeguard their profits – especially by
arresting their NPAs. Non-Performing Assets - one of the foremost and
formidable problems to hit the banks finds its roots in the bank’s target
oriented approach of lending. This approach has not only taken away the qualitative
aspect of lending but has also led to the downfall of the credibility of the
banks and created a dent in its profitability and capital adequacy ratio. The entire
Indian banking industry is groaning under the burden of their non-performing
assets.
Loans turn into NPA’s when the interest or principal
payment turns overdue in 90 days or more. Our products prevent banks from
turning their loans to NPA’s by alerting them as soon as the overdue period crosses
60 days. This is done by the Credit Action Plan (CAPs) service, which advises banks to restructure the loan
account by recognising if the borrower is a wilful defaulter or not and is
willing to extend their personal guarantee of not isolating any assets without the
consent of the bank. Any deviation from this action plan renders the borrower
as ‘non-cooperative’.
At C-Edge Technologies,
our services are modelled to arrest this growing concern of most of our clients.
Our services tend to completely
eliminate this issue right from the place of its origin – which is the bank’s
branches. We believe, the issue needs to be regulated at the banks various
branches and sub-branches rather than addressing the issue at the Head offices.
Our services enable banks to monitor their
credit appraisal techniques and also send alerts whenever inadequacies are
encountered. The biggest challenge before
banks today is to monitor and manage the existing loan book more
comprehensively and efficiently and our services are neatly aligned to address
this requirement.
Main
Features of our NPA related products are:
1.
Recognize distress symptoms early and
take prompt corrective action
2.
Monitor accounts much earlier and
formulate credit action plans
3.
To ensure that banks don’t continue to
lend to “bad” customers or against “over leveraged” collateral.
4.
Eliminate computational and integration challenges by calculating exact NPA
levels
