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Cover Story
Access BPO India: A Brand Trusted For Its Quality BPO And KPO Services
The financial stability of a country depends on the banking system. However, Indian Banks have a really bad reputation due to bad debts as well as soring high NPA rates. For a financially stable country, the NPA rate should remain below 3%. However, when it comes to India, the NPA rate has been 8-10% stalling the overall financial growth of the country. There are multiple reasons behind the soring NPA rates with one of the major reasons being the relaxed lending norms by the banks for the corporate houses without proper analysis of their financial status and credit rating. Another reason is the dependencies on outdated software as well as manual work execution. After experiencing the way lenders used technology to streamline collections in the developed nations, Vikash Kumar founded...
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