NPA Reduction Mantra
Banks : •
Do not give money, lend it.
•
What matter is what for you finance and not what against?
•
Borrower accounts need real time monitoring, not post mortem.
•
An NPA account need out necessarily mean that the borrowing company is Unviable or sick.
•
Try to identify and bridge viability gaps of industrial units.
•
Many sick units need nourishment in the form of fresh dose of loans to regain health.
•
One time Settlement with willful defaulters may be good mathematics but bad Banking.
•
Always follow basic lending norms.
•
Put credit decisions on fast track.
RBI /Government: •
Loans failures due to mollified credit decisions Accountability.adical legal reforms to expedite proceedings.
•
Say no loan waivers.
•
If a unit can’t exist let it exits.
•
Facilitate mergers and acquisition involving sick units.
warrant
fixation
of
102