Novel idea to collect loan dues/NPAs

Novel idea to collect loan dues/NPAs
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Highlights

Vexed with the delays in payment of dues by borrowers and the loans slipping into Non-Performing Assets, Officials of Corporation Bank have hit upon a new idea.

Vexed with the delays in payment of dues by borrowers and the loans slipping into Non-Performing Assets, Officials of Corporation Bank have hit upon a new idea.

The Staff decided to organisine Silent Demonstrations in front of the houses/ business premises of defaulting borrowers.

Peaceful Dharna’s are conducted to build-up pressure on the erring borrowers and creating awareness in the public of the consequence in case of default.

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