Product Profile of Non-Performing Assets Monitoring Banking Tool
Ram Informatics Limited offers Non-performing Assets Monitoring Banking Tool. Ram Informatics Limited is an ISO 9001 and ISO 27001: 2005 certified company. The Non-performing Assets Monitoring Banking Tool available in the brand name "SmartNPA" is an easy to use tool used to classify and monitor the non-performing assets [NPA] of a bank and enables the bank to minimize its exposure to NPA. The Software reduces the unnecessary work load on the bank staff and automates the NPA identification, asset classification and provisioning.
Key Features of Non-Performing Assets Monitoring Banking Tool
- Alerts the bank as and when the assets are likely to become non-performing
- Identifies the assets into performing and non-performing and classifies them into groups such as standard, sub-standard, doubtful etc.
- Calculates the required provisions for different loan types.
- Income recognition norms
- Asset classification norms
- Provisioning norms
- Warning Assets
- Reports
- Provide accurate picture of the NPA position of the bank.
