Wednesday, October 9, 2013

Bhattacharya underlines tech in SBI’s war on NPAs

.....To improve NPA management, SBI will employ more tools than before, with emphasis on effective use of IT. Bhattacharya said IT is going to be used in risk mitigation, product pricing, customer-related issues and in raising productivity. The bank will also ramp up technology to tackle loan recovery. Focus will also be on structure rationalistaion and improved time resolution to fight bad loans...........

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