{"id":3077,"date":"2018-06-12T23:20:20","date_gmt":"2018-06-12T17:50:20","guid":{"rendered":"http:\/\/yourcareerheights.com\/?post_type=news&#038;p=3077"},"modified":"2018-06-12T23:20:20","modified_gmt":"2018-06-12T17:50:20","slug":"npa-recovery-banks-internal-processes-not-in-sync-with-external-environment","status":"publish","type":"news","link":"https:\/\/yourcareerheights.com\/?news=npa-recovery-banks-internal-processes-not-in-sync-with-external-environment","title":{"rendered":"NPA recovery: \u2018Banks\u2019 internal processes not in sync with external environment\u2019"},"content":{"rendered":"<div class=\"bldateline\">\n<p class=\"blupper\">MUMBAI, JUNE 12<\/p>\n<\/div>\n<div id=\"content-body-22285694-24146497\">\n<p>Internal processes in banks have still not caught up with the changes in the external environment relating to the recovery of non-performing loans, said Ashesh Shah, Managing Director, Trans-Continental Capital Advisors Pvt Ltd.<\/p>\n<p>In a conversation with\u00a0<em>BusinessLine<\/em>, he said that the IBC framework required a change in the mindset of banks.<\/p>\n<p>\u201cThey need to get their \u2018origination\u2019 right,\u201d he said. \u201cThere are usually enough warning signals for a considerable period of time before an account turns non-performing,\u201d he said.<\/p>\n<p>\u201cThere are ratios that provide an indication of the troubles being faced. Banks need to have their loan agreements and covenants much more refined than what prevails currently,\u201d said Shah.<\/p>\n<p>For more details please click on the following link:<br \/>\n<a style=\"font-size: 16px;\" href=\"https:\/\/www.thehindubusinessline.com\/money-and-banking\/npa-recovery-banks-internal-processes-not-in-sync-with-external-environment\/article24146497.ece\" target=\"_blank\" rel=\"noopener\">NPA recovery: \u2018Banks\u2019 internal processes not in sync with external environment\u2019<\/a><\/p>\n<p>Source: Business Line<\/p>\n<\/div>\n <!-- AdSense Now! Lite: WP is not in the loop.  -->\n","protected":false},"excerpt":{"rendered":"<p>Internal processes in banks have still not caught up with the changes in the external environment relating to the recovery of non-performing loans<\/p>\n","protected":false},"author":1,"featured_media":2576,"comment_status":"open","ping_status":"closed","template":"","tags":[3,35,11,39,74,406],"news-category":[244,314,27,300,28,440,342,343,69,344],"class_list":["post-3077","news","type-news","status-publish","has-post-thumbnail","hentry","tag-banking","tag-economy","tag-finance","tag-loans","tag-npa","tag-recovery","news-category-bad-debts","news-category-bad-loans","news-category-banking","news-category-banks","news-category-finance","news-category-insolvency-bankcruptcy-code","news-category-national-company-law-tribunal-nclt","news-category-nclt","news-category-npa","news-category-recovery"],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/3077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news"}],"about":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3077"}],"version-history":[{"count":0,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/3077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/media\/2576"}],"wp:attachment":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3077"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3077"},{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fnews-category&post=3077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}