SmartNPA module from SmartBanker suite is a powerful and easy to use tool to classify and monitor the non-performing assets (NPA) of a bank. The product is highly parameterized to enable the bank to minimize its exposure to NPA. The software alerts the bank as and when the assets are likely to become non-performing (Warning Assets) for a given period thus helping the management to focus on such assets and improve the recovery chances. It also identifies the assets into performing and non-performing and classifies them into groups such as standard, sub-standard, doubtful etc on the basis of certain parameters. It calculates the required provisions for different loan types. |
