Debt Resoultion

Changes needed in the mindset of the banking system:

Banks need to be more professional and proactive in management, especially in aspects related to the development of early-warning mechanisms, astute credit monitoring, proactive commercial decision-making with respect to the way forward and elimination of inter-creditor conflicts would need to be overhauled. Further, banks would also need to exercise professional judgment in the selection of appropriate IPs/Advisors and not follow a "Lowest cost" policy without consideration of technical credentials and experience commensurate with the complexity and magnitude of the situation

Our team of experts will perform the following for every Asset account and recommend the corrective action:
- Compliance check in relation to the documents and other reports
- Evaluation of the current situation in relation to all the compliance objectives of the bank
- Identify the gaps and recommend the corrective actions