All banks, especially Public Sector Banks, are facing tough time on account of increasing stressed assets in large value exposures. All stake holders including the Ministry and Reserve Bank of India (RBI) are ceased of the situation. Recently RBI has come out with guidelines to use the Insolvency and Bankruptcy Code (IBC) route, in addition to other conventional methods, to recover the large value stressed assets which are eligible. IBC is a recent regulation which involves time bound processes to be completed before banks can invoke the insolvency of the borrower. There is a need to educate the executives in banks, who are involved in handling legal and recovery matters of large value stressed assets, to effectively use the recent regulations to resolve the stressed assets. This program is designed for decision makers to develop sufficient skills to handle the eligible cases confidently.
Duration :2 days
Target Group: Senior Officers/ Executives handling credit recovery in branches/Controlling Offices and Head Offices of Banks.
Objectives: The program aims at enabling the participants to understand :