Overview
CladRysk® NPA Management is the complete solution to manage non-performing loans of financial institutions – from default stage, NPA marking to legal processes, legal award/write-off / one-time settlement.
It assists in identifying, marking, and monitoring loans under default, categorizing them as per regulatory requirements, borrower follow-ups & communication, and managing the legal recovery processes such as Arbitration, SARFAESI, Debt Recovery, Cheque bounce, and Bankruptcy, etc.
The solution also manages the book-keeping aspects of non-performing loans – collateral tracking & valuation, interest & penal interest calculations, penalties & charges, recovery expenses, and provision projections.
Making NPA Recovery worthwhile:
- Assisting efficient recovery based on analysis of collateral value, best-fit legal process, diligent monitoring
- Easy configuration of different legal processes with rule-based progress, compliance criteria, and document check
- Role-based Dashboards to assist recovery, legal, and management decisions
- Maintenance of up-to-date outstanding amount, provisioning impact
Interested in what Moringa can do for you?