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| Non-CBS
system. The enormity of the tasks require
IT solutions encompassing the business
issues leveraging the power of contemporary
technologies.D2KTechnologies offers
a comprehensive and reliable solution
to meet such requirements of banks |
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| Introduction |
| In
order to vigorously monitor the
status of Non Performing Assets
(NPAs) and provide accurate &
timely information to the management,
detailed information of High Value
NPA customers is sought from field
functionaries and maintained manually
or in Excel sheet at ZO and Head
Office for accounts over a specific
cut off point. This results in
repetitive collection of historical
information engaging significant
resources at all levels. The concurrent
and dependable dynamic references
are sometimes difficult to maintain
resulting in last minute efforts
from all concerned to streamline
information flow and submit the
required information at Apex level.
The maintenance of such exhaustive
information in the absence of
a suitable solution is causing
drain on the limited manpower
available for monitoring these
assets. |
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| Features |
D2K
Technologies offers
comprehensive NPA Management
solution CRisMAC-NPA
that is designed, developed
and deployed to cover
various categories of
Non Performing Assets
through its entire lifecycle.
The system offers effective
management of following
categories of NPA portfolio
of the Banks: |
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Compromise
Assets: |
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This module automates
the process right
from preparation
of compromise proposal
of a customers as
per Banks’
guidelines, evaluation
and appraisal of
compromise proposal
by concerned authorities
as per their discretionary
powers and conveying
the terms &
conditions of sanctioned
compromised proposals.
Appraisal authorities
can simulate various
combination of compromise
possibilities and
finalise the optimum
combination. Once
a proposal is sanctioned
and under implementation,
it is important
the execution of
the proposal as
per laid out terms
& conditions
of sanction. The
system enables recording
of status of individual
cases at various
stages and offers
various reports
to monitor the status. |
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Suit
Filed Assets:
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For
suit filed assets,
it is important
that the bank vigorously
follows the case
proceeding and put
every effort in
wining the cases
so that stuck assets
are freed for more
productive deployment.
Our solutions enable
the bank easy and
effective monitoring
of suit files cases
at every stage of
proceeding. Status
of appeals, monitoring
of decrees and effective
execution of decreed
cases become easy. |
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Written-Off
Assets:
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Bank
do write-off some
of their assets
where feasibility
of realisation is
remote or not cost
effective. However,
it is possible that
after some time
such written-off
assets also become
recoverable. Since,
realisation of such
assets is directly
credited to profit-loss
accounts of the
bank, using the
written-off modules
of the system, banks
have been able to
keep a track of
their written off
assets and also
able to monitor
recoveries there-off. |
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