Risk Management
NBFCs allowed now to use SARFAESI Act to recover dues
Photograph Courtesy: Photopin.com / Creative Commons Sitaraman Swaminathan NBFCs now have recourse to defaulters through SARFAESI Budget 2015 brings fresh tidings. We are talking of only one issue here, that has been clearly addressed by Mr.Arun Jaitley, in his first full budget. And that is letting Non-Banking Finance Companies (NBFCs) reach out to defaulters through […]
Risk Mitigation – National Housing Bank Training Program
Sitaraman Swaminathan ‘Risk Mitigation’ – National Housing Bank Training Program The whole world of bankers and finance company executives talk about Risk and Risk Mitigation, especially after the 2008 crisis, when the Risk Managers back in the US got hammered for letting it happen. A little research would clearly show that (e.g. read ‘Faultlines’ […]
Non Performing Loans
NON-PERFORMING LOANS – Big bane on the financial system. Lending and Recovery functions are amongst the most challenging functions in Banking and Finance. The Lending function of Banking and Finance is a key focus area of banking regulator, i.e Reserve Bank of India. Money lent through this organized system of lending, propels economy. At the […]
How to Measure Delinquency
What is Delinquency? Delinquency is a measure that is used to establish and monitor the extent of non-payment or defaults happening in a loan portfolio. A loan portfolio consists of several loans that has been given to different customers. Any finance company or a bank that is into the lending business must keep a close […]
Why is RBI not supportive of giving SARFAESI to all HFCs
Why is the Reserve Bank of India, not supportive of giving the benefit of SARFAESI to ALL HFCs? The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI) Act, was instituted in the year 2002. One of the key purposes of the Act was to give more teeth to specified categories […]
Affordable Housing is now ‘Really Affordable for Banks’
Affordable Housing – Is it now really Affordable for Banks? In what may be termed a reasonably path-breaking move, the Reserve Bank of India (RBI) has announced a series of measures that would give a boost to the Banks to increase their exposure in this segment. So as India mortgage specialists and housing finance consultants, […]
No Corporate is too big for a Blunder?
Nobody is too big for a blunder Do you believe you are too big for a blunder? Think again. On the contrary, the bigger you are the more ‘blunder-prone’ you are. To all the well-known brands and huge invincible corporates…. Our sincere and whole-hearted best wishes that you grow more and more and reach new heights […]
