The Big Fight against Non-performing Assets Continues…

BANGALORE, India - April 18, 2018 - PRLog -- With the continued rise in Non-performing Assets, particularly in the Public Sector Banks (PSBs), it is of no surprise that the Asset Quality of Indian Banks is deteriorating.

Bangalore, India, Mar 27, 2018: Amidst the talks of privatising the public sector banks and strengthening laws like the Insolvency and Bankruptcy Code, India is still far from walking the path to recovering bad loans as expected. If this persists, the situation may worsen and the economy will further be impacted greatly.

While the country, government, RBI and banks figure out substantial ways to deal with the mounting NPAs, Sesame continues to fight against NPAs by assisting financial institutions with its world-class NPA mitigation tool. Its NPA management and recovery solution is capable of handling the entire lifecycle of defaulted loans and recovery.

"India has to learn to be a mature democracy in its responses. And, therefore, when you have a sectorial slowdown which has impacted the health of banks, we must learn how to respond. The response has to be to empower the banks, to recapitalise the banks. And allow the banks freedom to take decisions on banking considerations." – Arun Jaitley (Source: ET)

About our NPA Mitigation Tool
Sesame's NPA tool is a functionally rich software replacing the legacy systems of recovering NPAs in financial institutions, which were inefficient and prone to errors. It simplifies a range of operations taken to recover defaulted loans. It streamlines the contact process with borrowers and features a complete legal workflow management system. The solution is perfectly suited to bring down the NPA levels in banks within a short period of time.

This exclusive NPA Mitigation tool has been lauded by many esteemed bankers. One of its prestigious client, a DCB based in Idukki, Kerala has significantly reduced their NPA count ever since deploying this amazing solution. Click here (https://www.sesameindia.com/resources/Case_Studies_idcb-c...) for more details about the client and the solution provided.

About Sesame
Sesame is a leading banking Solutions Company based in Calicut, Kerala, capturing over 60% of market in the state and also having a presence across Tamil Nadu, Maharashtra, Karnataka and others. Its array of products and services has been simplifying banking for financial institutions of all sizes for 24+ years.

Is your bank searching for an extensive NPA management solution to take charge of the rising bad loans? If yes, schedule a FREE DEMO now (https://www.sesameindia.com/software-demo).