Negotiation process for settlement of Non Performing Assets
Factors affecting the acceptance of proposal by bank :
- Bank’s Documentation.
- Security value. Realizable sale value.
- Bank’s ability to sell.
- Ability & Source of the borrower.
- Ability & Source of the guarantor.
- Vulnerability of the borrower/guarantor.
- Time frame.
- Strength and Zeal of bank's field staff.
- What message is bank sending out? (No in a fraud case.)
- Banks Policy.